Mon: Tel Aviv 25 index down 0.5% in November

Teva and Delek dragged the market down today as Israel Chemicals and Israel Corp. rose strongly.

The Tel Aviv Stock Exchange (TASE) fell today. The Tel Aviv 25 Index fell 0.16% to 1,560.50 points, the Tel Aviv 100 Index fell 0.15%, to 1,343.51 points but the BlueTech Index rose 0.42% to 342.42 points. The TelBond 20 corporate bond index fell 0.20% to 314.16 points. Turnover totaled NIS 2.18 billion. The Tel Aviv 25 Index was down 0.5% in November but has risen 7% since the start of the year.

On the foreign exchange market, the Bank of Israel set the shekel-dollar representative rate down 0.309% from Friday's rate at NIS 3.877/$, and the representative shekel-euro rate down 0.702% at NIS 4.0995/€.

On the market, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 3.18% for the biggest fall on the Tel Aviv 25 Index on the day's highest trading turnover. NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) fell 2.65% and Delek Group Ltd. (TASE: DLEKG) fell 2.38%.

Frutarom Industries Ltd. (TASE: FRUT; LSE:FRUT; OTCBB:FRUTF) rose 3.57% for the biggest rise on the Tel Aviv 25 index and Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) rose 1.21%. Azrieli Group Ltd. (TASE: AZRG) rose 2.05%.

Israel Chemicals (TASE: ICL: NYSE: ICL) rose 2.91% and parent company Israel Corporation (TASE: ILCO) rose 2.37%.

Published by Globes [online], Israel business news - www.globes-online.com - on November 30, 2015

© Copyright of Globes Publisher Itonut (1983) Ltd. 2015

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