Teva, Perrigo, Opko and Nice Systems open with large negative arbitrage gaps after yesterday's falls on Wall Street.
This week's last trading session on the Tel Aviv Stock exchange is shaping up to be negative after heavy falls on Wall Street yesterday, with the S&P 500 closing 1.65% off. The Tel Aviv 25 Index is currently down 0.65%. Dual-listed stocks opened significant negative arbitrage gaps. All the same, trading on Asian bourses is mixed, and New York index futures are trading on rises of about 0.4%.
The most notable arbitrage gaps are in Teva (4.9%), Perrigo (3%), Nice Systems (1.5%), Opko Health (1.1%), and Mazor Robotics (4.3%).
On the other hand, there are positive gaps for Protalix (11%), Allot Communications (1.5%), Internet Gold (3%).
Published by Globes [online], Israel business news - www.globes-online.com - on October 14, 2014
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