Thu: Teva rally lifts TASE

Teva, Delek Drilling and the big banks led the market higher today while Cellcom continued to decline.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.36% to 1,579.05 points; the Tel Aviv 125 Index rose 0.35% to 1,467.76 points; but the BlueTech Global Index fell 0.02% to 364.52 points. The TelBond 20 corporate bond index fell 0.22% to 362.04 points. Trading turnover was NIS 2.23 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate down 0.251% today at NIS 3.582/$ from Wednesday, and set the shekel-euro rate down 0.088% at 4.075/€.

On the market, Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA; TASE: TEVA) rose 3.30% and Delek Drilling LP (TASE: DEDR.L) rose 3.30% for the biggest rise on the Tel Aviv 35 Index. Perrigo Company (NYSE:PRGO; TASE:PRGO) rose 1.96%, and Azrieli Group Ltd. (TASE: AZRG) rose 1.88%. Mizrahi Tefahot Bank (TASE:MZTF) rose 2.20% and Bank Leumi (TASE: LUMI) rose 1.14% on the day's biggest trading turnover.

Energean Oil & Gas plc (LSE: ENOG; TASE: ENOG) fell 4.78% for the biggest fall on the Tel Aviv 35 Index. International Flavors & Fragrances (NYSE: IFF TASE: IFF) fell 3.28% and Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL) fell 3.4%. Shufersal Ltd. (TASE:SAE) fell 1.86%, NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) fell 1.22% and Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) fell 1.17%.

Published by Globes, Israel business news - en.globes.co.il - on June 27, 2019

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

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