Tue: TASE dips again

Discount Bank pulled back some of yesterday's losses while the Leviathan partners fell on profit taking.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 25 Index fell 0.18% to 1,453.98 points; the Tel Aviv 100 Index fell 0.22% to 1,272.65 points; but the BlueTech Index rose 0.33% to 358.40 points. The TelBond 20 corporate bond index fell 0.16% to 320.43 points. Trading turnover was NIS 1.18 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate down 0.505% from yesterday's rate at NIS 3.746/$, and the representative shekel-euro rate was set down 0.595% at NIS 4.208/€.

On the market, Israel Discount Bank (TASE: DSCT) rose 1.17% following yesterday's losses and a successful offering. Clal Insurance Enterprises Holdings Ltd. (TASE: CLIS) rose 2.2% on talk of Chinese interest in buying it and Perion Networks Inc. (Nasdaq:PERI: TASE:PERI) rose 0.8% after its CEO stepped down. Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) rose 0.53%.

Israel Corporation (TASE: ILCO) fell 1.83% and the Leviathan partners, which rose so strongly yesterday after signing a $10 billion Jordanian deal, fell on profit taking today. Delek Group Ltd. (TASE: DLEKG) gas exploration and production units Avner Oil and Gas LP (TASE: AVNR.L) and Delek Drilling LP (TASE: DEDR.L) fell 1.15% and 0.44% respectively, and Ratio Oil Exploration (1992) LP (TASE:RATI.L) fell 0.32%. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 1.72%.

Published by Globes [online], Israel business news - www.globes-online.com - on September 27, 2016

© Copyright of Globes Publisher Itonut (1983) Ltd. 2016

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