Mon: Insurance cos lift TASE

Harel and Phoenix led the market higher today with Leumi and Hapoalim also in the green.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.33% to 1,476.26 points; the Tel Aviv 125 Index rose 0.48% to 1,341.14 points; and the BlueTech Global Index rose 0.22% to 360.66 points. The TelBond 20 corporate bond index rose 0.34% to 344.91 points. Trading turnover was NIS 1.22 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate down 0.086% from Friday's rate at NIS 3.5030/$ and set the shekel-euro rate up 0.081% at 4.3296/€.

On the market, Harel Insurance Investments and Financial Services Ltd. (TASE: HARL) rose 3.03% and The Phoenix Holdings Ltd. (TASE: PHOE1;PHOE5) rose 2.56%. Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) rose 3.39% for the biggest rise on the Tel Aviv 35 Index and Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) rose 2.78%. Bank Leumi (TASE: LUMI) rose 1.55% on the day's biggest trading turnover and Bank Hapoalim (TASE: POLI) rose 1.35%.

Opko Health Inc. (NYSE: OPK; TASE: OPK) fell 2.91% for the biggest fall on the Tel Aviv 35 Index. Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) fell 1.47%, Mazor Robotics Ltd. (TASE:MZOR) fell 1.89% and Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 1.29%.

Published by Globes [online], Israel business news - www.globes-online.com - on April 16, 2018

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

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