The Tel Aviv Stock Exchange rose today. The Tel Aviv 25 Index rose 0.17%, to 1,448.84 points; the Tel Aviv 100 Index rose 0.16%, to 1,273.89 points; and the BlueTech Index rose 0.13%, to 351.20 points. The TelBond 20 corporate bond index rose 0.18%, to 324.08 points. Turnover totaled NIS 941 million.
On the foreign exchange market, the representative shekel-dollar rate was set 0.16% lower, at NIS 3.7820/$, and the representative shekel-euro rate was set 0.32% lower, at NIS 4.2237/€.
Teva led trading today, and fell 0.78%. Israel Chemicals rose 4.47% on news that potash companies Potash Corporation of Saskatchewan, which owns 14% of Israel Chemicals, and Agrium are in merger talks. Bezeq rose 0.58%, Bank Hapoalim fell 0.98%, and Bank Leumi fell 0.78%. Israel Chemicals' parent company Israel Corporation rose 3.64%. Jerusalem Economy, the subject of takeover bids, rose 3.84%.
On the negative side, MannKind fell 5.82% and Shikun & Binui fell 3.04%.
Published by Globes [online], Israel business news - www.globes-online.com - on August 30, 2016
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