Wed: TASE up in line with world markets

Relief that the Greek crisis may be nearing a solution sent stock markets higher today.

In line with world markets following news that Greece is prepared to come to terms with its creditors, the Tel Aviv Stock Exchange rose today. The Tel Aviv 25 Index rose 1.51%, to 1,673.69 points; the Tel Aviv 100 Index rose 1.53%, to 1440 points; and the BlueTech Index rose 1.66%, to 365.79 points. The TelBond 20 corporate bond index rose 0.3%, to 315.67 points. Turnover totaled NIS 1.1 billion.

On the foreign exchange market, the representative shekel-dollar rate was set 0.21% higher, at NIS 3.777/$, and the representative shekel-euro rate was set 0.57% lower, at NIS 4.1952/€, a thirteen-year low.

All five leading stocks rose: Bezeq by 3.92%, Teva by 2.73%, Bank Hapoalim by 0.59%, Bank Leumi by 1%, and Oil Refineries by 1.62%. IDB Development shot up 10.32%, Azrieli Group rose 4.51%, and Opko Health rose 4.45%.

Against the backdrop of subsidiary Mega's troubles. Alon Blue Square fell 13.06%. Cellcom fell 2.92% and Partner 1.63%.

Published by Globes [online], Israel business news - www.globes-online.com - on July 1, 2015

© Copyright of Globes Publisher Itonut (1983) Ltd. 2015

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018