Mon: Teva revival lifts TASE

Teva, Elbit and Harel led the rises today while Bezeq led the declines.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.42% to 1,460.50 points; the Tel Aviv 125 Index rose 0.43% to 1,325.79 points; and the BlueTech Global Index rose 0.32% to 367.31 points. The TelBond 20 corporate bond index fell 0.05% to 343.88 points. Trading turnover was NIS 1.24 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate down 0.057% from Friday's rate at NIS 3.519/$ and set the shekel-euro rate up 0.409% at 4.150/€.

On the market, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 2.86% on the day's largest trading turnover. Mylan N.V.' (Nasdaq: MYL; TASE: MYL) rose 1.63% and Frutarom Industries Ltd. (TASE: FRUT; LSE:FRUT; OTCBB:FRUTF) rose 2.16%. Harel Insurance Investments and Financial Services Ltd. (TASE: HARL) rose 3.49% for the biggest rise on the Tel Aviv 35 Index and Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) rose 3.21%.

Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) fell 2.30% for the biggest fall on the Tel Aviv 35 Index. Amot Investments Ltd. (TASE:AMOT) fell 2.25%, Shufersal Ltd. (TASE:SAE) fell 1.65% and Bank Leumi (TASE: LUMI) fell 1.06%.

Published by Globes [online], Israel business news - www.globes-online.com - on December 11, 2017

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

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