Mon: TASE fall continues

Ormat, Partner and Israel Corp. led the declines, Azrieli and Bank Leumi led the gains.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.59% to 1,435.13 points; the Tel Aviv 125 Index fell 0.61% to 1,277.97 points; and the BlueTech Global Index fell 1.06% to 365.54 points. The TelBond 20 corporate bond index rose 0.05% to 325.71 points. Trading turnover was NIS 1.4 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate down 0.514% today compared with Friday's rate at NIS 3.679/$, and the representative shekel-euro rate was set down 0.615% at NIS 3.894/€

On the market, Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) fell 2.16% for the biggest fall on the Tel Aviv 35 Index today. Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) fell 2.09% and Perrigo Company (NYSE:PRGO; TASE:PRGO) fell 1.93%. Israel Chemicals (TASE: ICL: NYSE: ICL) fell 1.70% and parent company Israel Corporation (TASE: ILCO) fell 2.10%. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 0.92%.

Azrieli Group Ltd. (TASE: AZRG) rose 1.68% for the biggest rise on the Tel Aviv 35 Index today and Melisron Ltd. (TASE: MLSR) rose 0.95%. Bank Leumi (TASE: LUMI) rose 1.21% on the day's biggest trading turnover.

Published by Globes [online], Israel business news - www.globes-online.com - on February 27, 2017

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

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