Tue: Bezeq probe weighs on market

Bezeq fell sharply due to the ISA investigation but Mylan and Opko rose strongly.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.23% to 1,425.32 points; the Tel Aviv 125 Index fell 0.26%, to 1,295.55 points; but the BlueTech Global Index rose 0.34% to 370.92 points. The TelBond 20 corporate bond index fell 0.17% to 333.40 points. Trading turnover was NIS 1.27 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate today up 0.369% at NIS 3.533/$ from yesterday's rate and set the shekel-euro rate down 0.137% at 3.941/€.

On the market, Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) fell 4.80% for the biggest fall on the Tel Aviv 35 Index on the day's biggest trading turnover following the opening of an investigation by the Israel Securities Authority.

Bank Leumi (TASE: LUMI) fell 1.38%, and Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL) fell 2.17%. Delek Group Ltd. (TASE: DLEKG) fell 1.36% and its energy exploration and production unit Delek Drilling LP (TASE: DEDR.L) fell 1.49%.

Opko Health Inc. (NYSE: OPK; TASE: OPK) rose 3.76% for the biggest rise on the Tel Aviv 35 Index. Mylan N.V. (Nasdaq: MYL; TASE: MYL) rose 1.22%, Perrigo Company (NYSE:PRGO; TASE:PRGO) rose 0.93% and Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 0.27%.

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

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

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