Wed: Teva, ICL boost TASE

Teva, ICL and Liveperson led the market higher today while Perrigo and Delek declined.

The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 35 Index rose 1.30%, to 1,403.07 points; the Tel Aviv 125 Index rose 1.55%, to 1,418.79 points; and the BlueTech Global Index rose 1.22%, to 502.34 points. The TelBond 20 corporate bond index rose 0.20%, to 354.95 points. Turnover totaled NIS 1.98 billion in equities and NIS 4.39 billion in bonds.

On the foreign exchange market, the Bank of Israel set the shekel-dollar rate 0.350% lower from Tuesday at NIS 3.412/$ and the representative shekel-euro rate was set up 0.19%, at NIS 4.038/€.

On the market, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 3.69% on the day's biggest trading turnover after reporting better than expected second quarter results. ICL Group (TASE: ICL: NYSE: ICL) (formerly Israel Chemicals) rose 7.81% and parent company Israel Corporation (TASE: ILCO) rose 12.95%. LivePerson Inc. (Nasdaq: LPSN); TASE: LPSN) rose 22.99% for the biggest rise on the Tel Aviv 35 Index after reporting strong second quarter results. Israel Discount Bank (TASE: DSCT) rose 1.02%, Bank Hapoalim (TASE: POLI) rose 0.31% and NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) rose 1.17%.

Perrigo Company (NYSE:PRGO; TASE:PRGO) fell 7.99% for the biggest fall on the Tel Aviv 35 Index. Delek Group Ltd. (TASE: DLEKG) fell 0.56% and Delek Drilling LP (TASE: DEDR.L) fell 2.59%. Bank Leumi (TASE: LUMI) fell 0.42% and Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) fell 1.78%.

Published by Globes, Israel business news - - on August 5, 2020 © Copyright of Globes Publisher Itonut (1983) Ltd. 2020

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