Mon: TASE soars while Teva continues falling

Tower and Delek Drilling led the market higher but Teva and Bezeq were down.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 1.66% to 1,388.58 points; the Tel Aviv 125 Index rose 1.75%, to 1,257.98 points; and the BlueTech Global Index rose 1.73% to 346.08 points. The TelBond 20 corporate bond index fell 0.03% to 335.48 points.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate today down 0.084% at NIS 3.583/$ from Friday's rate and set the shekel-euro rate up 0.228% at 4.227/€.

On the market, Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) rose 4.46% for the biggest rise on the Tel Aviv 35 index. Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) rose 2.73% and NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) rose 3.11%. Delek Group Ltd. (TASE: DLEKG) rose 1.55% and its energy production unit Delek Drilling LP (TASE: DEDR.L) rose 3.73%. Melisron Ltd. (TASE: MLSR) rose 3.44% and Azrieli Group Ltd. (TASE: AZRG) rose 3.71%. Bank Leumi (TASE: LUMI) rose 3.03% and Bank Hapoalim (TASE: POLI) rose 2.72%.

Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA; TASE: TEVA) fell 1.93% for the biggest fall on the Tel Aviv 35 index on the day's biggest trading turnover. Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) fell 1.46%, Shufersal Ltd. (TASE:SAE) fell 1.13% and Mylan N.V. (Nasdaq: MYL; TASE: MYL) fell 0.72%.

Published by Globes [online], Israel business news - www.globes-online.com - on August 14, 2017

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

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