Mon: Energy stocks lead market down

Delek led the losses today while First International Bank continued to gain.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 25 Index fell 0.39% to 1,448.31 points; the Tel Aviv 100 Index fell 0.36%, to 1,266.46 points; and the BlueTech Index fell 0.46% to 373.31 points. The TelBond 20 corporate bond index fell 0.19% to 323.31 points. Trading turnover was NIS 978.6 million.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate up 0.210% today compared with Friday's rate at NIS 3.826/$, and the representative shekel-euro rate was set down 0.266% at NIS 4.052/€.

On the market, Delek Group Ltd. (TASE: DLEKG) fell 2.43% for the biggest fall on the Tel Aviv 25 index today. Its energy exploration and production units Avner Oil and Gas LP (TASE: AVNR.L) and Delek Drilling LP (TASE: DEDR.L) fell 1.78% and 1.74% respectively. Isramco Ltd. (Nasdaq: ISRL; TASE: ISRA.L) fell 1.09%.

Israel Chemicals (TASE: ICL: NYSE: ICL) fell 1.13% and parent company Israel Corporation (TASE: ILCO) fell 1.11%.

First International Bank of Israel (TASE: FTIN) rose 0.88% for the biggest gain on the Tel Aviv 25 Index. Mizrahi Tefahot Bank (TASE:MZTF) rose 0.19% on the day's largest trading turnover.

On the Tel Aviv 100 Index El Al Israel Airlines Ltd. (TASE: ELAL) fell 2.83% and Clal Insurance Enterprises Holdings Ltd. (TASE: CLIS) rose 4.48%.

Published by Globes [online], Israel business news - www.globes-online.com - on January 16, 2017

© Copyright of Globes Publisher Itonut (1983) Ltd. 2017

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018