Mon: TASE rally halted

Israel Chemicals and Israel Corp. led the declines today as Teva continued to rise.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.13% to 1,458.60 points; the Tel Aviv 125 Index fell 0.02%, to 1,294.94 points; but the BlueTech Global Index rose 0.15% to 372.93 points. The TelBond 20 corporate bond index fell 0.10% to 325.30 points. Trading turnover was NIS 841.6 million.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate down 0.242% today compared with Friday's rate at NIS 3.707/$, and the representative shekel-euro rate was set down 0.437% at NIS 3.9397/€.

On the market, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 0.58% on the day's biggest trading turnover. Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL) rose 2.68% and Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) rose 2.97% for the biggest rise on the Tel Aviv 35 Index. Frutarom Industries Ltd. (TASE: FRUT; LSE:FRUT; OTCBB:FRUTF) rose 1.12% and Airport City Ltd. (TASE:ARPT) rose 1.13%.

Israel Chemicals (TASE: ICL: NYSE: ICL) fell 2.46% for the biggest fall on the Tel Aviv 35 Index and parent company Israel Corporation (TASE: ILCO) fell 1.72%. Perrigo Company (NYSE:PRGO; TASE:PRGO) fell 0.99% and Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) fell 0.75%.

Published by Globes [online], Israel business news - www.globes-online.com - on February 20, 2017

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

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