Tue: Pharma cos lift TASE

Mylan and Teva rose strongly while Frutarom led the declines as the TASE reopened after the holidays.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 25 Index rose 0.47% to 1,436.52 points; the Tel Aviv 100 Index rose 0.63% to 1,259.19 points; and the BlueTech Index rose 1.56% to 358.42 points. The TelBond 20 corporate bond index fell 0.05% to 321.05 points. Trading turnover was NIS 1.2 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate up 0.052% from Friday's rate at NIS 3.85/$, and the representative shekel-euro rate was set up 0.007% at NIS 4.188/€.

On the market, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 1.02% on the day's biggest trading turnover. Mylan N.V. (Nasdaq: MYL; TASE: MYL) rose 3.19% for the biggest rise on the Tel Aviv 25 Index. Opko Health Inc. (NYSE: OPK; TASE: OPK) rose 2.54% and Perrigo Company (NYSE:PRGO; TASE:PRGO) rose 1.91%.

Delek Group Ltd. (TASE: DLEKG) rose 0.62% and its energy production and exploration units Avner Oil and Gas LP (TASE: AVNR.L) and Delek Drilling LP (TASE: DEDR.L) rose 0.76% and 0.65% respectively.

Gazit-Globe Ltd. (NYSE: GZT; TASE: GZT; TSX: GZT) fell 0.98% and Frutarom Industries Ltd. (TASE: FRUT; LSE:FRUT; OTCBB:FRUTF) fell 1.65% for the biggest fall on the Tel Aviv 25 Index.

Published by Globes [online], Israel business news - www.globes-online.com - on October 25, 2016

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

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018