Mon: Bezeq continues to weigh on TASE

Bezeq, Frutarom and Airport City led the declines while Tower and Isramco led the gains.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.21% to 1,456.86 points; the Tel Aviv 125 Index fell 0.35%, to 1,311.10 points; and the BlueTech Global Index fell 0.10% to 370.22 points. The TelBond 20 corporate bond index rose 0.01% to 333.80 points. Trading turnover was NIS 1.31 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate today up 0.198% at NIS 3.545/$ from Friday's rate and set the shekel-euro rate up 0.669% at 4.0764/€.

On the market, Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) fell 1.29%, continuing its plunge in the wake of the ISA probe. Airport City Ltd. (TASE:ARPT) fell 1.53% and Frutarom Industries Ltd. (TASE: FRUT; LSE:FRUT; OTCBB:FRUTF) fell 1.30%. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 0.18% on the day's biggest trading turnover.

Perrigo Company (NYSE:PRGO; TASE:PRGO) rose 1.22%, Sodastream International Ltd. (Nasdaq: SODA; TASE: SODA) rose 1.25% and Isramco Ltd. (Nasdaq: ISRL; TASE: ISRA.L) rose 1.46%. Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) rose 1.87% for the biggest rise on the Tel Aviv 35 Index.

Published by Globes [online], Israel business news - www.globes-online.com - on July 17, 2017

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

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