The Tel Aviv Stock Exchange maintained its new peak level, with the Tel Aviv 25 Index rising a further 0.49% to 1,477.59 points today. The Tel Aviv 100 Index rose 0.56%, to 1,311.27 points, and the BlueTech Index rose 0.61%, to 311.58 points. The TelBond 20 corporate bond index rose 0.36%, to 323.05 points. Turnover totaled NIS 1.4 billion.
For the week, the Tel Aviv 25 Index rose 1.7%, bringing the year-to-date rise to 11.1%.
On the foreign exchange market, the shekel weakened today. The representative shekel-dollar rate rose 0.39%, to NIS 3.886/$, and the shekel-euro rate rose 0.63%, to NIS 4.849/€.
Teva, which started the day on a decline, led trading and closed 0.54% higher, following the announcement that Yitzhak Peterburg would b the new company chairman to succeed Phillip Frost. Another healthcare company, Perrigo, was also in the top five, rising 0.88%. Bezeq rose 1.32%, and Bank Leumi 0.29%. Bank Hapoalim was the only stock among today's top five to fall, by 0.21%.
Africa-Israel, which reported its third quarter results today, rose 4%, and Alon Blue Square, which also reported today, rose 5.95%. Spacecom, which announced a $15 million contract for its Amos 5 satellite, rose 3.49%. Among the decliners Hadera Paper continued its slide, falling 2.39% today.
Published by Globes [online], Israel business news - www.globes-online.com - on November 27, 2014
© Copyright of Globes Publisher Itonut (1983) Ltd. 2014