The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 0.21% to 1,450.43 points, the Tel Aviv 100 Index rose 0.23% to 1,294.88 points, and the BlueTech 50 Index rose 0.05% to 305.10 points. Turnover was NIS 1.07 billion.
In the foreign currency market, the Bank of Israel set the shekel-dollar representative exchange rate at NIS 3.841/$, up 0.445% on yesterday's rate, and set the shekel-euro representative exchange rate at NIS 4.804/€, up 0.5%.
In the bond market, both long-term Shahar unlinked shekel government bonds and long term Galil CPI-linked government bonds fell. The corporate bond benchmark Tel-Bond 20 Index fell 0.08%.
In the stock market, Mizrahi Tefahot Bank (TASE:MZTF) rose 1.5% after reporting a rise in profits in the third quarter. The banks were mixed with Bank Leumi (TASE: LUMI) rising 0.59% while Bank Hapoalim (TASE: POLI) fell 0.92% and Israel Discount Bank (TASE: DSCT) fell 1.86% for the largest fall on the Tel Aviv 25 Index.
Israel Chemicals Ltd. (NYSE: ICL rose 1.83% and parent company Israel Corporation (TASE: ILCO) rose 2.34% for the largest rise on the Tel Aviv 25 Index.
Perrigo Company (NYSE:PRGO; TASE:PRGO) rose 1.58% but Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) was down 0.8%, following yesterday's 5% fall, as the telecom operator is set to lose its land-line monopoly.
Published by Globes [online], Israel business news - www.globes-online.com - on November 18, 2014
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