Tue: Teva continues rally on flat TASE

Perrigo, Teva and Kenon led the gains today while real estate stocks led the declines.

The Tel Aviv Stock Exchange was flat today. The Tel Aviv 35 Index fell 0.08% to 1,528.91 points; the Tel Aviv 125 Index rose 0.11% to 1,392.62 points; and the BlueTech Global Index rose 0.86% to 390.12 points. The TelBond 20 corporate bond index fell 0.06% to 345.75 points. Trading turnover was NIS 1.36 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate up 0.087% from yesterday's exchange rate at NIS 3.444/$ and set the shekel-euro rate down 0.376% at 4.109/€.

On the market, Perrigo Company (NYSE:PRGO; TASE:PRGO) rose 2.49% for the biggest rise on the Tel Aviv 35 Index after appointing a new CEO. Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) rose 1.75% and Delek Group Ltd. (TASE: DLEKG) rose 1.24%. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 0.63%. Israel Corporation (TASE: ILCO) rose 1.48%. and Idan Ofer's other company Kenon (NYSE: KEN; TASE: KEN) rose 27% after selling its stake in the Qoros car company.

Alony Hetz Property and Investments Ltd. (TASE: ALHE) fell 2.59% for the biggest fall on the Tel Aviv 35 Index and Amot Investments Ltd. (TASE:AMOT) fell 1.96%. Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) fell 1.43% and Azrieli Group Ltd. (TASE: AZRG) fell 1.73%. Bank Hapoalim (TASE: POLI) fell 1.09% on the days biggest trading turnover and Mizrahi Tefahot Bank (TASE:MZTF) fell 2.02%.

Published by Globes [online], Israel business news - www.globes-online.com - on January 9, 2018

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

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