Mon: Energy stocks push TASE higher

Delek and Isramco soared after signing an Egyptian export deal but Teva fell again.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.64% to 1,508.10 points; the Tel Aviv 125 Index rose 0.74% to 1,373.20 points; but the BlueTech Global Index fell 0.23% to 377.57 points. The TelBond 20 corporate bond index rose 0.01% to 343.46 points. Trading turnover was NIS 1.12 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate down 0.396% from Friday's exchange rate at NIS 3.521/$ and set the shekel-euro rate down 1.274% at 4.371/€.

On the market, energy stocks soared after the Tamar and Leviathan partners signed a binding $15 billion Egyptian gas export deal. Delek Group Ltd. (TASE: DLEKG) rose 18.99% and Delek Drilling LP (TASE: DEDR.L) rose 27.64% for the biggest rise on the Tel Aviv 35 Index on the day's biggest trading turnover. Isramco Ltd. (Nasdaq: ISRL; TASE: ISRA.L) rose 15.74% and Ratio Oil Exploration (1992) LP (TASE:RATI.L) rose 28.12%.

Mizrahi Tefahot Bank (TASE:MZTF) rose 2.38%, Melisron Ltd. (TASE: MLSR) rose 3.58% and Azrieli Group Ltd. (TASE: AZRG) rose 2.51%.

Mazor Robotics Ltd. (TASE:MZOR) fell 1.95% for the biggest fall on the Tel Aviv 35 Index. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 1.45%, Perrigo Company (NYSE:PRGO; TASE:PRGO) fell 1.54% and Bank Leumi (TASE: LUMI) fell 1.39%.

Published by Globes [online], Israel business news - www.globes-online.com - on February 19, 2018

© Copyright of Globes Publisher Itonut (1983) Ltd. 2018

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018