Mon: Israel Chemicals boosts market

Israel Chemicals rose while Teva was up on the day's largest turnover.

The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 0.26% to 1,366.89 points, the Tel Aviv 100 Index rose 0.03% to 1,266.75 points, but the BlueTech 50 Index fell 0.78% to 363.69 points. Turnover was NIS 1.29 billion.

The TASE rose today, bucking losses on European markets and at the opening on Wall Street.

In the foreign currency market, the Bank of Israel set the shekel-dollar representative exchange rate at NIS 3.474, up 0.43% on Friday's rate, and set the shekel-euro representative exchange rate at NIS 4.822/€, up 0.43%.

In the bond market, long-term Shahar unlinked shekel government bonds and long term Galil CPI-linked government rose. The corporate bond benchmark Tel-Bond 20 Index rose 0.30%.

In the stock market, Mizrahi Tefahot Bank (TASE:MZTF) fell 0.1%, and Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) fell 0.4%, after they published their financials for 2013.

Israel Chemicals Ltd. (TASE: ICL) rose 2.6%, for the biggest gain among Tel Aviv 25 shares, even as protests at the company continue. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 0.2% on the day's biggest turnover of NIS 85 million. Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) fell 2% for the day's biggest loss among Tel Aviv 25 shares.

Published by Globes [online], Israel business news - www.globes-online.com - on March 10, 2014

© Copyright of Globes Publisher Itonut (1983) Ltd. 2014

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