Sun: Teva rebound fails to lift TASE

Mazor led the market down as Teva, Partner and Opko bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.24% to 1,501.37 points; the Tel Aviv 125 Index fell 0.28% to 1,361.47 points; and the BlueTech Global Index fell 0.14% to 376.46 points. The TelBond 20 corporate bond index rose 0.15% to 344.08 points. Trading turnover was NIS 423.6 million.

On the foreign currency market, on Friday Bank of Israel set the shekel-dollar representative rate up 0.524% from yesterday's exchange rate at NIS 3.452/$ and set the shekel-euro rate up 0.283% at 4.254/€.

On the market, Mazor Robotics Ltd. (TASE:MZOR) fell 5.43% for the biggest fall on the Tel Aviv 35 Index. Paz Oil Company Ltd. (TASE:PZOL) fell 2.59%, Delek Group Ltd. (TASE: DLEKG) fell 1.24% and Delek Drilling LP (TASE: DEDR.L) fell 1.33%. Bank Leumi (TASE: LUMI) fell 0.40% on the day's biggest trading turnover.

Opko Health Inc. (NYSE: OPK; TASE: OPK) rose 6.58% for the biggest rise on the Tel Aviv 35 Index after reporting positive trial results. Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) rose 5.07% and Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL) rose 3.90%. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 1.91%.

Published by Globes [online], Israel business news - www.globes-online.com - on March 18, 2018

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

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