Thu: Nice, Ormat rise on good results

The Tel Aviv 25 Index ended the week on an uptick, with Nice, Ormat, Kenon, and Sodastream prominent advancers.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 25 Index rose 0.47%, to 1,412.95 points, and the Tel Aviv 100 Index rose 0.29%, to 1,223.45 points. The BlueTech Index fell 0.11%, to 323.84 points. The TelBond 20 corporate bond index rose 0.10%, to 318.45 points. Turnover totaled NIS 1.02 billion.

Over the past two weeks, the Tel Aviv 25 Index has fallen 5.7%. The index is down 7.7% so far this year.

On the foreign exchange market, the representative shekel-dollar rate was set 0.11% higher, at NIS 3.7810/$, and the representative shekel-euro rate was set 0.34% lower, at NIS 4.3213/€.

Teva led trading today, and rose 0.05%. Bezeq fell 0.63%. The big two banks both rose: Hapoalim by 0.79% and Leumi by 0.89%. Nice Systems, which reported strong first quarter results today, rose 2.86%. Ormat, which also reported good results, rose 2.69%. Other notable advancers today were Kenon, up 5.37%, after rising by more than 10% yesterday, Ratio, up 3.02%, and Sodastream, up 2.89%. Ability fell 10.24%, and Opko Health fell 4.83%.

Published by Globes [online], Israel business news - www.globes-online.com - on May 5, 2016

© Copyright of Globes Publisher Itonut (1983) Ltd. 2016

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