The Tel Aviv Stock Exchange (TASE) rose today for the fourth straight session. The Tel Aviv 25 Index rose 0.87% to 1,440.69 points, the Tel Aviv 100 Index rose 0.95%, to 1,249.80 points and the BlueTech Index rose 1.51% to 334.44 points. The TelBond 20 corporate bond index fell 0.01% to 317.76 points. Turnover totaled NIS 1.5 billion.
On the foreign exchange market, the Bank of Israel set the shekel-dollar representative rate down 0.259% from yesterday's rate at NIS 3.855/$, and the representative shekel-euro rate down 0.611% at 4.295/€.
On the market, Delek Group Ltd. (TASE: DLEKG) rose 4.61% and its energy exploration and production units Avner Oil and Gas LP (TASE: AVNR.L) and Delek Drilling LP (TASE: DEDR.L) rose 4.64% and 3.72% respectively. Avner posted the biggest rise on the Tel Aviv 25 Index today.
Opko Health Inc. (NYSE: OPK; TASE: OPK) rose 4.62%. Azrieli Group Ltd. (TASE: AZRG) rose 2.28% and Paz Oil Company Ltd. (TASE:PZOL) rose 0.86%. Both companies reported first quarter results today and a large rise in profits.
Israel Chemicals (TASE: ICL: NYSE: ICL) fell 2.60% for the biggest fall on the Tel Aviv 25 Index today. NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) fell 0.72% and Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) fell 0.40%. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 0.40% on the day's biggest trading turnover.
Published by Globes [online], Israel business news - www.globes-online.com - on May 25, 2016
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