Mon: Teva gains fail to lift TASE

Teva and Mylan rose strongly today but Perrigo and Melisron pulled the market down.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.44% to 1,530.21 points; the Tel Aviv 125 Index fell 0.39% to 1,391.05 points; and the BlueTech Global Index fell 0.07% to 386.81 points. The TelBond 20 corporate bond index rose 0.18% to 345.95 points. Trading turnover was NIS 1.42 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate down 0.145% from Friday's exchange rate at NIS 3.441/$ and set the shekel-euro rate down 0.679% at 4.124/€.

On the market, Perrigo Company (NYSE:PRGO; TASE:PRGO) fell 3.36% for the biggest fall on the Tel Aviv 35 Index. Melisron Ltd. (TASE: MLSR) fell 2.53% and Azrieli Group Ltd. (TASE: AZRG) fell 1.24%. Frutarom Industries Ltd. (TASE: FRUT; LSE:FRUT; OTCBB:FRUTF) fell 1.58%, Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) fell 1.39%, Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) fell 1.32% and Opko Health Inc. (NYSE: OPK; TASE: OPK) fell 2.08%.

Mylan N.V. (Nasdaq: MYL; TASE: MYL) rose 1.78% for the biggest rise on the Tel Aviv 35 Index and Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA; TASE: TEVA) rose 1.53% on the day's biggest trading turnover.

Published by Globes [online], Israel business news - www.globes-online.com - on January 8, 2018

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

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