Mon: Banks again lead market down

Bank Leumi fell steeply today, while Bank Hapoalim slipped further. Bezeq rose.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.46%, to 1,395.09 points; the Tel Aviv 125 Index fell 0.74%, to 1,247.14 points; and the BlueTech Global Index fell 1.13%, to 356.99 points. The TelBond 20 corporate bond index fell 0.23%, to 326.41 points. Turnover totaled NIS 1.5 billion.

On the foreign exchange market, the representative shekel-dollar rate was set 0.77% lower, at NIS 3.6180/$, and the representative shekel-euro rate was set 0.10% lower, at NIS 3.9327/€.

The banks were again weak today. Bank Hapoalim led trading and fell 0.26%. Bank Leumi fell all of 1.88%. Teva fell 1.01%; Perrigo fell 0.29%; and Bezeq rose 0.98%.

Notable advancers were Opko Health, up 2.32%, Israel Chemicals, up 1.47%, Gazit Globes, which reported strong results today, up 0.98%, and Nice Systems, up 0.54%.

Published by Globes [online], Israel business news - www.globes-online.com - on March 27, 2017

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

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