Thu: Perrigo leads market down

Perrigo and Shapir Engineering led the losses as NICE Systems bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.56% to 1,584.56 points; the Tel Aviv 125 Index fell 0.63% to 1,460.06 points; and the BlueTech Global Index fell 1.06% to 383.22 points. The TelBond 20 corporate bond index rose 0.13% to 357.81 points. Trading turnover was NIS 1.22 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate up 0.392% at NIS 3.589$ from Wednesday's rate and set the shekel-euro rate down 0.099% at 4.0396/€.

On the market, Shapir Engineering & Industry Ltd. (TASE: SPEN) fell 2.91% for the biggest fall on the Tel Aviv 35 Index. Perrigo Company (NYSE:PRGO; TASE:PRGO) fell 2.87% and Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 0.97%. Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) fell 1.91%, Mizrahi Tefahot Bank (TASE:MZTF) fell 0.51% and Bank Leumi (TASE: LUMI) fell 0.41%.

NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) rose 2.12% on the day's biggest trading turnover. Israel Corporation (TASE: ILCO) rose 2.36% for the biggest rise on the Tel Aviv 35 Index today and Israel Chemicals (TASE: ICL: NYSE: ICL) rose 0.67%. Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) rose 0.79% and Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL) rose 1.83%.

Published by Globes, Israel business news - en.globes.co.il - on April 18, 2019

© Copyright of Globes Publisher Itonut (1983) Ltd. 2019

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