Mon: Teva gains on flat TASE

Teva rose for the second straight session while Delek and its units gave up some of yesterday's big gains.

The Tel Aviv Stock Exchange rose slightly today. The Tel Aviv 35 Index rose 0.05% to 1,432.49 points; the Tel Aviv 125 Index rose 0.04%, to 1,303.99 points; and the BlueTech Global Index rose 0.59% to 381.40 points. The TelBond 20 corporate bond index rose 0.04% to 334.10 points. Trading turnover was NIS 1.41 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate down 0.332% from Friday's rate at NIS 3.598/$, and the representative shekel-euro rate was set up 0.589% at NIS 3.945/€.

On the market, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 1.31% on the day's biggest trading turnover, following yesterday's strong gains. Frutarom Industries Ltd. (TASE: FRUT; LSE:FRUT; OTCBB:FRUTF) rose 1.89% for the biggest rise on the Tel Aviv 35 Index today. Bank Leumi (TASE: LUMI) rose 1.18%, Bank Hapoalim (TASE: POLI) rose 0.70% and Mizrahi Tefahot Bank (TASE:MZTF) rose 1.69% following strong financial results. However, Israel Discount Bank (TASE: DSCT) fell 1.32%, despite reporting a 70% rise in profit.

Gazit-Globe Ltd. (NYSE: GZT; TASE: GZT; TSX: GZT) fell 1.85% and Opko Health Inc. (NYSE: OPK; TASE: OPK) fell 1.83%. Big Shopping Centers (2004) Ltd. (TASE:BIG) fell 1.81%. Delek Group Ltd. (TASE: DLEKG) fell 0.95%, and its energy units Avner Oil and Gas LP (TASE: AVNR.L) and Delek Drilling LP (TASE: DEDR.L) fell 1.61% and 2.21% respectively, the latter being the biggest fall on the Tel Aviv 35 index today.

Published by Globes [online], Israel business news - www.globes-online.com - on May 15, 2017

© Copyright of Globes Publisher Itonut (1983) Ltd. 2017

5 Comments
View comments in rows
Update by email about comments talkback
POST
Comments
Your name
Please insert your name
Content
Hyperlink in a new window Hyperlink Right Left underline italic bold Bulleted List Ordered List Face1 Face2 Face3 Face4 Face5 Face6
Your comment

Thanks
You comment was recieved and soon will be published.
In posting comments, I agree to abide by the Terms of Use
Globes encourages lively and frank debate, but posts that the editors consider merely abusive or otherwise inappropriate will be removed. Report inappropriate content
Thank you for posting your comment, which will be reviewed for publication.
Loading Comments...load
Load more comments
Twitter Facebook Linkedin RSS Newsletters גלובס Capital  Markets Conference 2017