Mon: Netflix deal boosts Partner

Partner, Bank Hapoalim and Delek led the gains on a flat TASE. The market will reopen Thursday after the Shavuot holiday.

The Tel Aviv Stock Exchange was mixed today. The Tel Aviv 35 Index rose 0.05% to 1,419.36 points; the Tel Aviv 125 Index fell 0.07%, to 1,295.82 points; and the BlueTech Global Index fell 0.57% to 380.43 points. The TelBond 20 corporate bond index fell 0.03% to 335.02 points. Trading turnover was NIS 1.51 billion. The market will reopen Thursday after the Shavuot holiday.

On the foreign currency market, the Bank of Israel did not set the shekel-dollar representative rate today due to the Memorial day holiday in the US. However, after the Bank of Israel left the interest rate for June unchanged at 0.1%, the shekel was strengthening in inter-bank trading down 0.5% against the dollar at NIS 3.556/$ and down 0.7% against the euro at 3.979/€.

On the market, Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) rose 2.40% for the biggest rise on the Tel Aviv 35 index after signing a cooperation deal with Netflix for its new TV service. Delek Group Ltd. (TASE: DLEKG) rose 2.21% and Delek Drilling LP (TASE: DEDR.L) rose 1.67%. Bank Hapoalim (TASE: POLI) rose 1.42% on the day's biggest trading turnover. Mylan N.V. (Nasdaq: MYL; TASE: MYL) rose 1.42% and Big Shopping Centers (2004) Ltd. (TASE:BIG) rose 1.11%.

Airport City Ltd. (TASE:ARPT) fell 2.47% for the biggest fall on the Tel Aviv 35 index. Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) fell 1.28% and Frutarom Industries Ltd. (TASE: FRUT; LSE:FRUT; OTCBB:FRUTF) fell 1.96%.

Published by Globes [online], Israel business news - www.globes-online.com - on May 29, 2017

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

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018