Tel Aviv Stock Exchange (TASE) was mixed today. The Tel Aviv 25 Index fell 0.29% to 1,400.33 points, while the Tel Aviv 100 Index rose 0.03% to 1,264.84 points, and the BlueTech 50 Index rose 1.22% to 316.95 points. Turnover was NIS 517.1 million.
The TASE was mixed today despite gains on European markets and Wall Street on Friday. The Tel Aviv 25 Index rose 0.6% in August and 5.3% in the first eight months of 2014.
In the foreign currency market, futures pointed to a 0.01% rise in the shekel dollar representative rate set by the Bank of Israel on Friday to NIS 3.569/$, and a 0.31% fall in the shekel-euro exchange rate to NIS 4.691/€.
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 0.16%.
In the stock market, the banks led the losses on the Tel Aviv 25 Index. Bank Leumi (TASE: LUMI) fell 0.86% on the day's largest trading turnover, while Bank Hapoalim (TASE: POLI) fell 1.38%, and Israel Discount Bank (TASE: DSCT) fell 0.33%.
Delek Group Ltd. (TASE: DLEKG) fell 1.54% for the largest fall on the Tel Aviv 25 Index amid reports that it is about sell UK roadside services company Roadchef to a British investment fund.
Israel Chemicals Ltd. (TASE: ICL) rose 0.72% but parent company Israel Corporation (TASE: ILCO) fell 1.04%.
Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 0.48%, and NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) rose 1.23% for the largest rise on the Tel Aviv 25 Index.
Published by Globes [online], Israel business news - www.globes-online.com - on August 31, 2014
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