Tue: TASE resumes declines as Teva continues to fall

Teva, Elbit and Delek Drilling led the declines today as Ormat and Opko bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.58% to 1,537.89 points; the Tel Aviv 125 Index fell 0.35% to 1,407.34 points; but the BlueTech Global Index rose 0.92% to 377.12 points. The TelBond 20 corporate bond index fell 0.03% to 352.46 points. Trading turnover was NIS 964.6 million.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate up 0.055% at NIS 3.623/$ from Monday's rate and set the shekel-euro rate up 0.211% at 4.081/€.

On the market, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 1.03% and Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) fell 1.99% for the biggest fall on the Tel Aviv 35 Index today. Delek Drilling LP (TASE: DEDR.L) fell 1.99%, Shufersal Ltd. (TASE:SAE) fell 1.79%, Harel Insurance Investments and Financial Services Ltd. (TASE: HARL) fell 1.78% and Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) fell 1.77%. Israel Chemicals (TASE: ICL: NYSE: ICL) fell 1.11%, Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) fell 0.88% and Mizrahi Tefahot Bank (TASE:MZTF) fell 0.97%.

Opko Health Inc. (NYSE: OPK; TASE: OPK) rose 1.16% for the biggest rise on the Tel Aviv 35 Index and Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) rose 1.16%. Bank Hapoalim (TASE: POLI) rose 0.61% on the day's biggest trading turnover and Bank Leumi (TASE: LUMI) rose 0.37%.

Published by Globes, Israel business news - en.globes.co.il - on March 12, 2019

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

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