The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.54% to 1,598.21 points; the Tel Aviv 125 Index fell 0.29% to 1,427 points; and the BlueTech Global Index fell 0.04% to 373.78 points. The TelBond 20 corporate bond index rose 0.12% to 347.80 points. Trading turnover was NIS 1.23 billion.
On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate down 0.298% at NIS 3.684/$ from yesterday's rate and set the shekel-euro rate down 0.261% at 4.273/€.
On the market, Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) fell 8.17% for the biggest fall on the Tel Aviv 35 Index after reporting disappointing second quarter results. Mizrahi Tefahot Bank (TASE:MZTF) fell 6.52% and Bank Hapoalim (TASE: POLI) fell 4.44% on the day's biggest trading turnover on concerns about imminent fines from the US authorities. Mazor Robotics Ltd. (TASE:MZOR) fell 4.19% and Opko Health Inc. (NYSE: OPK; TASE: OPK) fell 3.44%.
Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL) rose 6.37% for the biggest rise on the Tel Aviv 35 Index after acquiring a 70% stake in fiber optic company Unlimited. Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) rose 3.86% and Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) rose 2.13%. Sodastream International Ltd. (Nasdaq: SODA; TASE: SODA) rose 4.26%.
Published by Globes [online], Israel business news - www.globes-online.com - on August 8, 2018
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