The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 0.33% to 1,400.15 points, and the Tel Aviv 100 Index rose 0.29% to 1,270.31 points, but the BlueTech 50 Index fell 0.77% to 337.29 points. Turnover was NIS 796.5 million.
The TASE corrected upward in today's short trading session because of the Passover holiday, in line with gains on European markets and with options pointing to a positive opening on Wall Street.
In the foreign currency market, the Bank of Israel set the shekel-dollar representative exchange rate at NIS 3.47/$, up 0.26% on Friday's rate, and set the shekel-euro exchange rate at NIS 4.798/€, down 0.25%.
In the bond market, long-term Shahar unlinked shekel government bonds and long term Galil CPI-linked government bonds rose. The corporate bond benchmark Tel-Bond 20 Index rose 0.14%.
In the stock market, Leviathan partner Delek Group Ltd. (TASE: DLEKG) rose 1.4%, after announcing that it has bid in a Cypriot natural gas tender. Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) rose 3.3% for the biggest gain among Tel Aviv 25 shares.
Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 0.1% on the day's biggest turnover of NIS 86.7 million, and Opko Health Inc. (NYSE: OPK; TASE: OPK) fell 7.5%.
Published by Globes [online], Israel business news - www.globes-online.com - on April 16, 2014
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