Tue: Teva climbs strongly as TASE rebounds

Teva, Ormat and Elbit led the gains today as Fattal Hotels slipped.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 1.42% to 1,613.07 points; the Tel Aviv 125 Index rose 1.31% to 1,456.36 points; and the BlueTech Global Index rose 1.85% to 388.06 points. The TelBond 20 corporate bond index rose 0.02% to 347.09 points. Trading turnover was NIS 1.08 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate up 0.469% at NIS 3.645/$ from yesterday's rate and set the shekel-euro rate up 0.490% at 4.223/€.

On the market, Israel Chemicals (TASE: ICL: NYSE: ICL) rose 1.80% on the day's biggest trading turnover. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 2.68%, Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) rose 4.19% for the biggest rise on the Tel Aviv 35 Index today and Opko Health Inc. (NYSE: OPK; TASE: OPK) rose 3.66%. Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) rose 3.18% and NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) rose 2.11%.

Bank Leumi (TASE: LUMI) rose 1.00% and Bank Hapoalim (TASE: POLI) rose 0.99%.

Fattal Holdings (1998) Ltd. (TASE:FTAL) fell 1.87% for the biggest fall on the Tel Aviv 35 Index and Oil Refineries Ltd. (TASE:ORL) fell 1.17%.

Published by Globes, Israel business news - en.globes.co.il - on October 16, 2018

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

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