The Tel Aviv Stock Exchange fell today. The Tel Aviv 25 Index fell 0.53%, to 1,438.25 points; the Tel Aviv 100 Index fell 0.39%, to 1,258.89 points; and the BlueTech Index fell 1.39%, to 360.35 points. The TelBond 20 corporate bond index rose 0.11%, to 320.74 points. Turnover totaled NIS 1.32 billion.
On the foreign exchange market, the representative shekel-dollar rate was set 0.16% lower, at NIS 3.8330/$, and the representative shekel-euro rate was set 0.13% lower, at NIS 4.0755/€.
Teva led trading today, and rose 1.41%. Israel Chemicals also rose, by a handsome 2.65%, but the remaining stocks in the top five fell heavily: Bank Hapoalim by 1.56%; Bezeq by 2.97%; and Elbit Systems by 2.01%.
Meitav Dash, which is being acquired London-based private equity firm XIO Group for NIS 1.48 billion in a deal that in one alternative offers shareholders a 61% premium on the investment house's opening price today, rose by all of 26.19%. Shimun & Binui rose 4.74%, Kenon by 3.84%, and Clal Insurance by 3.24%.
Published by Globes [online], Israel business news - www.globes-online.com - on December 1, 2016
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