Thu: Week of conflict sees TA25 fall 1.5%

TASE  picture: Bloomberg
TASE picture: Bloomberg

Bezeq, today's most heavily traded stock, rose today, but altogether it was another weak session.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 25 Index fell 0.34%, to 1.371.61 points; the Tel Aviv 100 Index fell 0.32%, to 1,234.27 point; and the BlueTech Index fell 0.37%, to 311.09 points. In corporate bonds, the TelBond 20 Index rose 0.40%, to 313.22 points. Turnover totaled NIS 1.26 billion.

For the week, in which Israel entered another round of conflict with Hamas in Gaza, the Tel Aviv 25 Index was down 1.5%. The index has risen 3.2% year-to-date.

In the foreign exchange market, the representative shekel-dollar rate fell 0.204%, to NIS 3.429/$, and the shekel-euro rate fell 0.158%, to NIS 4.6696/€.

Today's most heavily traded stock, Bezeq, actually rose, by 0.86%. Teva, which reported today that the EU antitrust regulator fined it €15.6 million ($21.3 million) for delaying the launch of a generic version of high blood pressure treatment Perindropil, fell 0.33%. Another healthcare stock among the most active names today, Perrigo, fell 1.38%, and Bank Leumi fell 0.74%.

There were notable rises for Discount Bank (3.0%), and Opko Health (1.96%).

Published by Globes [online], Israel business news - www.globes-online.com - on July 10, 2014

© Copyright of Globes Publisher Itonut (1983) Ltd. 2013

TASE  picture: Bloomberg
TASE picture: Bloomberg
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