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

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