Tue: Teva turnaround boosts TASE

Teva and Phoenix lifted the market today but Bezeq and NICE Systems fell.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.61% to 1,570.93 points; the Tel Aviv 125 Index rose 0.69% to 1,453.82 points; and the BlueTech Global Index rose 1.14% to 369.35 points. The TelBond 20 corporate bond index was unchanged at 357.07 points. Trading turnover was NIS 1.02 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate up 0.700% today at NIS 3.598/$ from Monday, and set the shekel-euro rate up 0.615% at 4.012/€.

On the market, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 3.96% and The Phoenix Holdings Ltd. (TASE: PHOE1;PHOE5) rose 4.94% for the biggest rise on the Tel Aviv 35 Index. Azrieli Group Ltd. (TASE: AZRG) rose 3.03%, Melisron Ltd. (TASE: MLSR) rose 2.96% and Mizrahi Tefahot Bank (TASE:MZTF) rose 1.18%.

Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) fell 2.90% for the biggest fall on the Tel Aviv 35 Index today. NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) fell 1.71% on the day's biggest trading turnover. Israel Chemicals (TASE: ICL: NYSE: ICL) fell 1.26% and parent company Israel Corporation (TASE: ILCO) fell 1.89%.

Published by Globes, Israel business news - en.globes.co.il - on May 21, 2019

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

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