Sun: Bezeq rally continues as TASE slips

Bezeq and Partner led the gains today as Israel Corp. and Israeli Chemicals fell.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.43% to 1,527.00 points; the Tel Aviv 125 Index fell 0.19% to 1,388.01 points; but the BlueTech Global Index rose 0.34% to 385.19 points. The TelBond 20 corporate bond index fell 0.07% to 347.73 points. Trading turnover was NIS 509.70 million.

On the foreign currency market, on Friday the Bank of Israel set the shekel-dollar representative rate down 0.613% from Thursday's exchange rate at NIS 3.4060/$ and set the shekel-euro rate down 0.453% at 4.1796/€.

On the market,Israel Chemicals (TASE: ICL: NYSE: ICL) fell 1.68% and parent company Israel Corporation (TASE: ILCO) fell 3.06% for the biggest fall on the Tel Aviv 35 Index. NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) fell 2.32% and Frutarom Industries Ltd. (TASE: FRUT; LSE:FRUT; OTCBB:FRUTF) fell 1.54%.

Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) rose 1.13% on the day's biggest trading turnover. Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) rose 1.98% for the biggest rise on the Tel Aviv 35 Index. Mylan N.V. (Nasdaq: MYL; TASE: MYL) rose 1.34%, Perrigo Company (NYSE:PRGO; TASE:PRGO) rose 1.60% and Delek Group Ltd. (TASE: DLEKG) rose 1.60%.

Published by Globes [online], Israel business news - www.globes-online.com - on January 21, 2018

© Copyright of Globes Publisher Itonut (1983) Ltd. 2018

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