Mon: Teva rally ends

The TASE edged up today led by Discount Bank and Mizrahi Tefahot while Teva resumed falling.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.06% to 1,409.85 points; the Tel Aviv 125 Index rose 0.16% to 1,294.06 points; and the BlueTech Global Index rose 0.34% to 373.66 points. The TelBond 20 corporate bond index rose 0.04% to 342.40 points. Trading turnover was NIS 1.16 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate down 0.085% from Friday's rate at NIS 3.516/$ and set the shekel-euro rate down 0.236% at 4.141/€.

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) ended its rally of the past week and fell 2.17% for the biggest fall on the Tel Aviv 35 Index. Mylan N.V.' (Nasdaq: MYL; TASE: MYL) fell 1.75%, Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) fell 1.32% and Oil Refineries Ltd. (TASE:ORL) fell 1.85%. Bank Hapoalim (TASE: POLI) fell 0.81% on the day's biggest trading turnover.

Israel Discount Bank (TASE: DSCT) rose 2.22% for the biggest rise on the Tel Aviv 35 Index today, Mizrahi Tefahot Bank (TASE:MZTF) rose 1.96% and Bank Leumi (TASE: LUMI) rose 1.07%. Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) rose 2.17%, Opko Health Inc. (NYSE: OPK; TASE: OPK) rose 1.47% and Alony Hetz Property and Investments Ltd. (TASE: ALHE) rose 2.11%.

Published by Globes [online], Israel business news - www.globes-online.com - on November 20, 2017

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

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