The Tel Aviv Stock Exchange (TASE) fell today. The Tel Aviv 25 Index fell 1.20% to 1,395.54 points, the Tel Aviv 100 Index fell 1.60% to 1,266.58 points, and the BlueTech 50 Index fell 3.31% to 339.90 points. Turnover was NIS 950.2 million.
The TASE fell sharply today, in line with losses on European markets and on Wall Street on Friday. The Tel Aviv 25 Index fell 0.4% last week, and is up 3.6% since the beginning of the year. The TASE will be closed on Monday and Tuesday for Passover.
In the foreign currency market, options pointed to a 0.09% rise in the shekel-dollar exchange rate, compared with Friday's representative rate, to NIS 3.64/$, and to a 0.11% gain in the shekel-euro exchange rate NIS 4.816/€.
In the bond market, long-term Shahar unlinked shekel government bonds and long term Galil CPI-linked government bonds rose. The corporate bond benchmark Tel-Bond 20 Index was unchanged.
In the stock market, Opko Health Inc. (NYSE: OPK; TASE: OPK) fell 5.1% and Perrigo Company (NYSE:PRGO; TASE:PRGO) fell 4.2%, on the day's biggest turnover of NIS 70.2 million, and Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 3.9%, for the biggest losses among Tel Aviv 25 shares.
Paz Oil Company Ltd. (TASE:PZOL) bucked the market, rising 0.7%, for the biggest gain among Tel Aviv 25 shares.
Published by Globes [online], Israel business news - www.globes-online.com - on April 13, 2014
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