The Tel Aviv Stock Exchange rose today. The Tel Aviv 25 Index rose 0.01%, to 1,432.48 points; the Tel Aviv 100 Index rose 0.04%, to 1,251.26 points ; and the BlueTech Index rose 0.36%, to 365.05 points. The TelBond 20 corporate bond index rose 0.17%, to 320.44 points. Turnover totaled NIS 1.25 billion.
The Tel Aviv 25 Index fell 0.08% this week. The index is down 6.30% so far this year.
On the foreign exchange market, the representative shekel-dollar rate was set 0.13% lower, at NIS 3.8530/$, and the representative shekel-euro rate was set 0.11% higher, at NIS 4.1320/€.
The Tel Aviv 25 Index edged higher today despite Teva being the only one of the five top-traded stocks to rise, by 0.96%. The leading stock was Elbit Systems, whose third quarter financials released today evidently disappointed investors, who sent the stock down 1.91% for the steepest fall among the blue chips after Mylan, which fell 2.39%.
Bank Hapoalim, which also reported today, fell 0.48%. Third quarter profit was down because of a provision against the results of a money laundering investigation in the US. Bank Leumi, which reported good results yesterday, fell 0.58%, and Bezeq fell 1.20%.
Published by Globes [online], Israel business news - www.globes-online.com - on November 17, 2016
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