Mon: Energy stocks fail to depress TASE

The Tel Aviv 25 Index was unchanged despite sharp falls by Leviathan partners Avner and Delek Drilling.

The Tel Aviv Stock Exchange was flat today. The Tel Aviv 25 Index was unchanged at 1,475.03 points; the Tel Aviv 100 Index fell 0.14%, to 1,266.01 points; and the BlueTech Index fell 0.02% to 329.28 points. The TelBond 20 corporate bond index rose 0.07% to 313.92 points. Trading turnover was NIS 860.2 million.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate down 0.130% from Wednesday's rate before the Purim holiday at NIS 3.837/$, and the representative shekel-euro rate was set down 0.245% at NIS 4.283/€

On the market, Delek Group Ltd. (TASE: DLEKG) fell 3.92% following the High Court's ruling against the gas framework agreement. Its energy exploration and production units Avner Oil and Gas LP (TASE: AVNR.L) and Delek Drilling LP (TASE: DEDR.L) fell 7.24% and 6.25% respectively, the former was the biggest fall on the Tel Aviv 25 Index today. Leviathan partner Ratio Oil Exploration (1992) LP (TASE:RATI.L) fell 11.51%. Perrigo Company (NYSE:PRGO; TASE:PRGO) fell 1.42%.

Opko Health Inc. (NYSE: OPK; TASE: OPK) rose 1.94% for the biggest rise on the Tel Aviv 25 Index and Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) rose 0.92% on the day's biggest trading turnover. NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) rose 1.05%.

Published by Globes [online], Israel business news - www.globes-online.com - on March 28, 2016

© Copyright of Globes Publisher Itonut (1983) Ltd. 2016

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