Thu: Teva, Perrigo lead TASE down

The Tel Aviv 25 Index has fallen 2.5% in the past two weeks.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 25 Index fell 0.23%, to 1,644.85 points; the Tel Aviv 100 Index fell 0.21%, to 1,430.15 points; and the BlueTech Index fell 0.55%, to 369.22 points. The TelBond 20 corporate bond index fell 0.21%, to 325.85 points. Turnover totaled NIS 1.66 billion.

Over the past two weeks, the Tel Aviv 25 Index has fallen by 2.5%. It is up 12.3% for the year to date.

On the foreign exchange market, the representative shekel-dollar rate was set 0.28% lower, at NIS 3.8610/$, and the representative shekel-euro rate was set 1.29% higher, at NIS 4.3175/€.

Today's four leading stocks all fell: Teva and Perrigo, engaged in takeover battles with Mylan, fell by 0.88% and 0.94%; Bezeq fell by 1.85%; and ICL fell by 0.73%. Fifth in the table, Bank Hapoalim, rose by 0.36%.

Notable advancers included Strauss, by 4.12%; Frutarom, by 4.11%; and Partner, by 3.12%. Among the steepest decliners were Harel, down 2.27%, and Alon Blue Square, down 2%.

Published by Globes [online], Israel business news - www.globes-online.com - on April 30, 2015

© Copyright of Globes Publisher Itonut (1983) Ltd. 2015

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