The Tel Aviv Stock Exchange (TASE) fell today. The Tel Aviv 25 Index fell 0.79% to 1,389.02 points, the Tel Aviv 100 Index fell 0.67% to 1,261.85 points, and the BlueTech 50 Index fell 0.74% to 334.81 points. Turnover was NIS 563 million.
The TASE fell in thin trading in a short session today, despite mixed sessions on European markets and mixed futures on Wall Street. The Tel Aviv 25 Index fell 1.7% for the week.
The TASE will reopen on Tuesday, after the second Passover holiday.
In the foreign currency market, the Bank of Israel set the shekel-dollar representative exchange rate at NIS 3.474/$, up 0.12% on yesterday's rate, and set the shekel-euro representative exchange rate at NIS 4.81/€, up 0.26%.
In the bond market, both 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 0.11%.
In the stock market, Delek Group Ltd. (TASE: DLEKG) fell 0.2%, after announcing that it signed an memorandum of understanding for the sale of Delek Europe BV for €355 million.
Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) fell 2.1%, for the biggest loss among Tel Aviv 25 shares and Bank Hapoalim (TASE: POLI) fell 1.7% on the day's biggest turnover of NIS 82.9 million. Israel Chemicals Ltd. (TASE: ICL) and Perrigo Company (NYSE:PRGO; TASE:PRGO) were the only shares on the index to buck the market, with gains of 1% and 0.6%, respectively.
Elsewhere in the market, Leviathan partner Ratio Oil Exploration (1992) LP (TASE:RATI.L) rose 0.8%, after acquiring 20% of the rights to the Myra and Sarah licenses, and sellers Modiin Energy LP (TASE:MDIN.L) rose 14.9% and Israel Land Development Company Energy Ltd. (TASE: IE) rose 9.3%.
Published by Globes [online], Israel business news - www.globes-online.com - on April 17, 2014
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