The Tel Aviv Stock Exchange rose today following strong gains on world markets on Friday. The Tel Aviv 25 Index rose 1.03%, to 1,397.61 points; the Tel Aviv 100 Index rose 1.43%, to 1,1197.77 points; and the BlueTech Index rose 2.28% to 282.19 points. The TelBond 20 corporate bond index rose 0.50%, to 305.15 points. Trading turnover was NIS 549.4 million.
On Friday, the Bank of Israel set the shekel-dollar representative rate down 0.154% from Thursday's rate at NIS 3.882/$, and the representative shekel-euro rate was set down 0.570% at NIS 4.375/€.
On the market, Delek Group Ltd. (TASE: DLEKG) rose 2.48% for the biggest rise on the Tel Aviv 25 Index. Delek's energy exploration and production units Avner Oil and Gas LP (TASE: AVNR.L) and Delek Drilling LP (TASE: DEDR.L) rose 1.06% and 1.30% respectively.
Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 1.60% on the day's biggest trading turnover, Israel Chemicals (TASE: ICL: NYSE: ICL) rose 1.10% and NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) rose 2.39%. Also in positive territory were Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) up 1.60%, Frutarom Industries Ltd. (TASE: FRUT; LSE:FRUT; OTCBB:FRUTF) up 1.56%, and Melisron Ltd. (TASE: MLSR) up 1.84%.
Only two shares on the Tel Aviv 25 index fell today, and both of those barely. Osem Investments Ltd. (controlled by Nestle SA (SWX:NESN)) (TASE: OSEM) fell 0.19% and Strauss Group Ltd. (TASE:STRS) fell 0.06%.
Published by Globes [online], Israel business news - www.globes-online.com - on February 14, 2016
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