Sun: Delek leads market higher

Delek, Frutarom and Bezeq led the rises, Teva halted the slide and Mylan slumped.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.18% to 1,365.96 points; the Tel Aviv 125 Index rose 0.14% to 1,236.29 points; the BlueTech Global Index rose 0.24% to 340.18 points but the TelBond 20 corporate bond index rose 0.03% to 335.59 points. Trading turnover was NIS 683 million.

On the foreign currency market, on Friday, the Bank of Israel set the shekel-dollar representative rate down 0.389% from Thursday's rate at NIS 3.586/$ and set the shekel-euro rate up 0.031% at NIS 4.217/€.

On the market, Mylan N.V. (Nasdaq: MYL; TASE: MYL) fell 4.30% for the biggest fall on the Tel Aviv 35 index today. Perrigo Company (NYSE:PRGO; TASE:PRGO) fell 1.94%. Israel Chemicals (TASE: ICL: NYSE: ICL) fell 1.03% and parent company Israel Corporation (TASE: ILCO) fell 1.30%.

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) halted its massive slide, rising 0.70% on the day's biggest trading turnover. Delek Group Ltd. (TASE: DLEKG) rose 2.82% for the biggest rise on the Tel Aviv 35 index. Frutarom Industries Ltd. (TASE: FRUT; LSE:FRUT; OTCBB:FRUTF) rose 2.72% and Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) rose 1.58%. Bank Leumi (TASE: LUMI) rose 1.78% and Bank Hapoalim (TASE: POLI) rose 1.57%.

Published by Globes [online], Israel business news - www.globes-online.com - on August 13, 2017

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

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