Wed: Elbit falls in continued TASE slump

Elbit Systems and Israel Corp. led the TASE down while Perrigo bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 1.36% to 1,605.57 points; the Tel Aviv 125 Index fell 1.33% to 1,450.53 points; and the BlueTech Global Index fell 1.18% to 385.40 points. The TelBond 20 corporate bond index fell 1.18% to 348.09 points. Trading turnover was NIS 1.35 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate down 0.439% at NIS 3.626/$ from yesterday's rate and set the shekel-euro rate down 0.041% at 4.168/€.

On the market, Perrigo Company (NYSE:PRGO; TASE:PRGO) rose 4.18%, winning back much of yesterday's heavy losses, for the biggest rise on the Tel Aviv 35 Index today.

Opko Health Inc. (NYSE: OPK; TASE: OPK) fell 3.48% for the biggest fall on the Tel Aviv 35 Index today. Israel Corporation (TASE: ILCO) fell 3.34%, Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) fell 3.31% and NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) fell 2.86%. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 2.24%, Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) fell 1.45% and Bank Leumi (TASE: LUMI) fell 1.42%.

Published by Globes [online], Israel business news - en.globes.co.il - on October 10, 2018

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

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