Wed: Israel Corp boosts TASE

Israel Corp and Teva rose but there was no respite for Delek, which again fell sharply.

The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 0.24% to 1,462.16 points, the Tel Aviv 100 Index rose 0.26% to 1,280.84 points, but the BlueTech 50 Index fell 0.38% to 322.63 points. Turnover was NIS 1.3 billion.

In the foreign currency market, the Bank of Israel set the shekel-dollar representative exchange rate at NIS 3.96/$, down 0.277% on yesterday's rate, and set the shekel-euro representative exchange rate at NIS 4.685/€, down 0.857%.

In the bond market, both long-term Shahar unlinked shekel government bonds and long term Galil CPI-linked government bonds fell. The corporate bond benchmark Tel-Bond 20 Index fell 0.19%.

In the stock market, Israel Corporation (TASE: ILCO) rose 5.94% for the biggest rise on the Tel Aviv 25 index, boosted by the fact that its spin off Kenon Holdings has moved ahead on the NYSE. Subsidiary Israel Chemicals (TASE: ICL: NYSE: ICL) rose 0.56% on the day's highest trading turnover. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 2.89%.

there was no respite for Delek Group Ltd. (TASE: DLEKG), which fell 2.69% while its energy exploration units Avner Oil and Gas LP (TASE: AVNR.L) and Delek Drilling Limited Partnership (TASE: DEDR.L) fell 2.84% and 2.69% respectively, the former the biggest fall on the Tel Aviv 25 Index.

Food companies Strauss Group Ltd. (TASE:STRS) and Osem Investments Ltd. (controlled by Nestle SA (SWX:NESN)) (TASE: OSEM) fell 2.60% and 1.43% respectively.

Mobile carriers Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) and Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL) continued to fall, losing 0.48% and 2.05% respectively.

Published by Globes [online], Israel business news - www.globes-online.com - on January 7, 2015

© Copyright of Globes Publisher Itonut (1983) Ltd. 2015

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018