The Tel Aviv Stock Exchange (TASE) fell today. The Tel Aviv 25 Index fell 0.24% to 1,697.92 points, the Tel Aviv 100 Index rose 0.05%, to 1,467.42 points and the BlueTech Index fell 2.34%, to 357.52 points. The TelBond 20 corporate bond index rose 0.15%, to 321.55 points. Turnover totaled NIS 2.13 billion.
On the foreign exchange market, the Bank of Israel set the shekel dollar representative rate down 0.497% from Friday's rate at NIS 3.806/$, and the representative shekel-euro rate was set 0.816% up, at NIS 4.215/€.
On the market, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 8.86% on a vast trading volume as investors responded enthusiastically to the company's acquisition of Allergan's generics unit. Perrigo Company (NYSE:PRGO; TASE:PRGO) also took the news well, rising 0.90% of a large trading volume.
Delek Group Ltd. (TASE: DLEKG) rose 1.06% and its energy exploration and production units Avner Oil and Gas LP (TASE: AVNR.L) and Delek Drilling Limited Partnership (TASE: DEDR.L) rose 1.40% and 1.29% respectively.
Most shares fell today, partly on China concerns. The biggest decliners were dual listed technology shares with Opko Health Inc. (NYSE: OPK; TASE: OPK) down 6.44% for the biggest fall on the Tel Aviv 25 Index. NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) fell 3.53% and Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) was down 2.21%. Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) fell 1.43% and Strauss Group Ltd. (TASE:STRS) was down 2.79%.
Published by Globes [online], Israel business news - www.globes-online.com - on July 27, 2015
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