Tue: US relaxation on China tariffs boosts TASE

Teva, Perrigo and Delek led the rises today but Cellcom continued its plunge.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.35% to 1,611.03 points; the Tel Aviv 125 Index rose 0.61% to 1,509.06 points; and the BlueTech Global Index rose 1.39% to 364.54 points. The TelBond 20 corporate bond index fell 0.08% to 367.23 points. Trading turnover was NIS 1.17 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate up 0.258% at NIS 3.493/$ from Monday, and set the shekel-euro rate up 0.497% at 3.920/€.

On the market, Perrigo Company (NYSE:PRGO; TASE:PRGO) rose 3.84% for the biggest rise on the Tel Aviv 35 Index. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 2.16%, Delek Group Ltd. (TASE: DLEKG) rose 1.92% and NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) rose 0.36%. Bank Leumi (TASE: LUMI) rose 0.72% on the day's biggest trading turnover and Bank Hapoalim (TASE: POLI) rose 0.51%.

Israel Chemicals (TASE: ICL: NYSE: ICL) fell 3.41% and parent company Israel Corporation (TASE: ILCO) fell 4.86% for the biggest fall on the Tel Aviv 35 Index today. Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL) fell 2.69%, Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) fell 1.18% and Amot Investments Ltd. (TASE:AMOT) fell 1.70%. Mizrahi Tefahot Bank (TASE:MZTF) fell 1.03% and Israel Discount Bank (TASE: DSCT) fell 0.90%.

Published by Globes, Israel business news - en.globes.co.il - on August 13, 2019

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

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