Wed: Bezeq stabilizes as TASE edges up

Bezeq was down only slightly as Mylan led the gains on the market today.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.22% to 1,439.32 points; the Tel Aviv 125 Index rose 0.08%, to 1,296.58 points; but the BlueTech Global Index fell 0.24% to 370.03 points. The TelBond 20 corporate bond index fell 0.06% to 333.19 points. Trading turnover was NIS 1.14 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate today up 0.283% at NIS 3.543/$ from yesterday's rate and set the shekel-euro rate up 0.239% at 3.950/€.

On the market, Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) fell only 0.23% on the day's biggest trading turnover despite the ongoing investigation against its top executives and controlling shareholder. Frutarom Industries Ltd. (TASE: FRUT; LSE:FRUT; OTCBB:FRUTF) fell 1.70% for the biggest fall on the Tel Aviv 35 Index and Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) fell 1.59%.

Mylan N.V. (Nasdaq: MYL; TASE: MYL) rose 2.11% for the biggest rise on the Tel Aviv 35 Index. Opko Health Inc. (NYSE: OPK; TASE: OPK) rose 1.13% and Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 0.54%. Azrieli Group Ltd. (TASE: AZRG) continued its good streak, rising 1.55%.

Published by Globes [online], Israel business news - www.globes-online.com - on June 21, 2017

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

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