Tue: TASE edges up as Teva, Delek decline continues

Elbit Systems and NICE Systems led the market higher today while Teva and Delek's slump continued.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.07% to 1,608.10 points; the Tel Aviv 125 Index rose 0.33% to 1,524.32 points; and the BlueTech Global Index fell 0.01% to 375.23 points. The TelBond 20 corporate bond index up 0.17% to 368.92 points. Trading turnover was NIS 1.21 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate down 0.284% today at NIS 3.507/$ from Monday's rate, and set the shekel-euro rate down 0.202% at 3.857/€.

On the market, Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) rose 1.82% for the biggest rise on the Tel Aviv 35 Index today. NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) rose 1.37%, Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) rose 1.17% and Azrieli Group Ltd. (TASE: AZRG) rose 1.15%. Bank Leumi (TASE: LUMI) rose 0.82% on the day's biggest trading turnover and Israel Discount Bank (TASE: DSCT) rose 1.45%.

Delek Group Ltd. (TASE: DLEKG) fell 3.87% for the biggest fall on the Tel Aviv 35 Index today. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 3.10%, Perrigo Company (NYSE:PRGO; TASE:PRGO) fell 2.08% and Israel Chemicals (TASE: ICL: NYSE: ICL) fell 0.59%.

Published by Globes, Israel business news - en.globes.co.il - on September 24, 2019

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

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