Thu: Perrigo plunges, Oil Refineries surges

The main indices fell today, led south by Perrigo.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.52%, to 1,589.84 points; the Tel Aviv 125 Index fell 0.41%, to 1,421.08 points; and the BlueTech Global Index 0.06%, to 373.54 points. The TelBond 20 corporate bond index rose 0.09%, to 348.10 points. Turnover in equities totaled NIS 1.21 billion; turnover in bonds totaled NIS 2.39 billion.

On the foreign exchange market, the representative shekel-dollar rate was set 0.03% lower, at NIS 3.6830/$, and the representative shekel-euro rate was also set 0.03% lower, at NIS 4.2713/€.

Perrigo, which says it is to sell it prescription business, led trading today, and fell 7.82%. Mizrahi Tefahot Bank, which has refused a settlement with the US authorities over allegations that it assisted tax evasion, fell 2.13%. Bank Hapoalim, rose 1.26%; Bank Leumi rose 0.04%; and Nice Systems, which reported second quarter results today, fell 2.04%.

Oil Refineries, which reported a second quarter profit up 33%, rose 5.84%.

Published by Globes [online], Israel business news - www.globes-online.com - on August 9, 2018

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

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