Tue: Tel Aviv 35 ends losing streak

Israel Chemicals and Tower rose strongly today but Perrigo fell badly.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.07% to 1,627.74 points; the Tel Aviv 125 Index rose 0.13% to 1,470.14 points; but the BlueTech Global Index fell 0.76% to 390.02 points. The TelBond 20 corporate bond index fell 0.03% to 348.74 points. Trading turnover was NIS 1.12 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate up 0.608% at NIS 3.642/$ from yesterday's rate and set the shekel-euro rate up 0.373% at 4.170/€.

On the market, Israel Chemicals (TASE: ICL: NYSE: ICL) rose 2.36% on the day's biggest trading turnover and parent company Israel Corporation (TASE: ILCO) rose 3.63% for the biggest rise on the Tel Aviv 35 Index. Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) rose 3.46% and Azrieli Group Ltd. (TASE: AZRG) rose 2.97%. Melisron Ltd. (TASE: MLSR) rose 2.36% and Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) rose 1.9%.

Perrigo Company (NYSE:PRGO; TASE:PRGO) fell 5.92% for the biggest fall on the Tel Aviv 35 Index after naming a new CEO. Fattal Holdings (1998) Ltd. (TASE: FTAL) fell 1.38% and Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 0.84%.

Published by Globes [online], Israel business news - en.globes.co.il - on October 9, 2018

© Copyright of Globes Publisher Itonut (1983) Ltd. 2018

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