Tue: TASE losing streak continues

Teva, Delek and Bezeq led the declines today but Israel Chemicals bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.76% to 1,545.58 points; the Tel Aviv 125 Index fell 0.70% to 1,468.53 points; and the BlueTech Global Index fell 0.47% to 371.22 points. The TelBond 20 corporate bond index fell 0.07% to 366.60 points. Trading turnover was NIS 1.39 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate up 0.311% at NIS 3.549/$ from Monday, and set the shekel-euro rate down 0.008% at 3.881/€.

On the market, Delek Group Ltd. (TASE: DLEKG) fell 6.21% for the biggest fall on the Tel Aviv 35 Index. Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) fell 5.30% and Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 2.96%. Shikun u'Binui Holdings Ltd. (TASE: SKBN) fell 5.05% and Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) fell 1.52%.

Bank Leumi (TASE: LUMI) fell 1.16% on the day's biggest trading turnover. Israel Discount Bank (TASE: DSCT) fell 1.71% and Bank Hapoalim (TASE: POLI) fell 0.46%.

Israel Chemicals (TASE: ICL: NYSE: ICL) rose 2.98% and parent company Israel Corporation (TASE: ILCO) rose 3.43% for the biggest rise on the Tel Aviv 35 Index. Mizrahi Tefahot Bank (TASE:MZTF) rose 0.48%.

Published by Globes, Israel business news - en.globes.co.il - on September 3, 2019

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

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