Mon: Israel Chemicals leads market higher

Israel Chemicals and Israel Corp. led today's Tel Aviv 25 index gains while Perrigo and Mylan were the biggest losers.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 25 Index rose 0.42% to 1,413.94 points; the Tel Aviv 100 Index rose 0.49%, to 1,226.34 points; and the BlueTech Index rose 1.10% to 326.12 points. The TelBond 20 corporate bond index rose 0.17% to 318.02 points. Trading turnover was NIS 1.08 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate up 0.207% from Friday's rate at NIS 3.879/$, and the representative shekel-euro rate was set up 0.053% at NIS 4.346/€.

On the market,

Israel Chemicals (TASE: ICL: NYSE: ICL) rose 5.33% for the biggest rise on the Tel Aviv 25 Index today and parent company Israel Corporation (TASE: ILCO) rose 4.62%. Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) rose 2.01% and Strauss Group Ltd. (TASE:STRS) rose 0.95% after reporting its first quarter results.

Melisron Ltd. (TASE: MLSR) rose 3.79% and Azrieli Group Ltd. (TASE: AZRG) rose 3.45%. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 0.95% on the day's biggest trading turnover.

Perrigo Company (NYSE:PRGO; TASE:PRGO) fell 1.71% for the biggest fall on the Tel Aviv 25 Index today and Mylan N.V. (Nasdaq: MYL; TASE: MYL) fell 1.05%.

Published by Globes [online], Israel business news - www.globes-online.com - on May 23, 2016

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

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