Thu: Banks recover to lift TASE

The main indices edged up today, but the Tel Aviv 35 Index was still down 1.8% for the week.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.07%, to 1,635.28 points; the Tel Aviv 125 Index rose 0.22%, to 1,470.60 points; and the BlueTech Global Index rose 0.17%, to 390.42 points. The TelBond 20 corporate bond index fell .07%, to 347.82 points. Turnover totaled NIS 3.50 billion in equities and NIS 3.25 billion in bonds.

For the week, the Tel Aviv 35 Index fell 1.8%. The index is up 8.3% for the year to date.

The Tel Aviv Stock Exchange will be closed until Wednesday September 12 for the Jewish New Year holiday.

On the foreign exchange market, the representative shekel-dollar rate was set 0.66% lower, at NIS 3.5950/$, and the representative shekel-euro rate was set 0.39% lower, at NIS 4.1788/€.

Frutarom led trading today, and fell 0.25%. Perrigo fell 0.90%; Bank Hapoalim rose 1.40%; Bank Leumi rose 0.61%; and Teva fell 1.73%. Mazor Robotics rose 4.32%, and OPC Energy rose 3.02% on the announcement that it had signed a contract with a US firm to build its gas-fueled power plant at Kiryat Gat.

Published by Globes [online], Israel business news - www.globes-online.com - on September 6, 2018

© Copyright of Globes Publisher Itonut (1983) Ltd. 2018

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