Sun: Delek lifts market

Delek and its energy units, Teva and Israel Chemicals all gained ground today but Perrigo slipped.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 25 Index rose 0.53%, to 1,605.09 points; the Tel Aviv 100 Index rose 0.67%, to 1,407.73 points; and the BlueTech Index rose 2.08% to 344.43 points. The TelBond 20 corporate bond index rose 0.41%, to 317.74 points. Turnover totaled NIS 533,678 million.

On Friday, on the foreign exchange market, the Bank of Israel set the shekel dollar representative rate down 0.153% from Thursday's rate at NIS 3.922/$, and the representative shekel-euro rate was set down 0.097%, at NIS 4.428/€.

On the market, Delek Group Ltd. (TASE: DLEKG) rose 3.14% for the biggest rise on the Tel Aviv 25 Index and its energy exploration and production units Avner Oil and Gas LP (TASE: AVNR.L) and Delek Drilling Limited Partnership (TASE: DEDR.L) rose 2.23% and 1.43% respectively.

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 1.14% on the day's biggest trading turnover, while Opko Health Inc. (NYSE: OPK; TASE: OPK) rose 1.49%. However, Perrigo Company (NYSE:PRGO; TASE:PRGO) fell 0.82%.

Israel Corporation (TASE: ILCO) rose 2.48% and its subsidiary Israel Chemicals (TASE: ICL: NYSE: ICL) rose 2%.

Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) fell 2.08% for the biggest fall on the Tel Aviv 25 Index. Azrieli Group Ltd. (TASE: AZRG) fell 1.59% and Osem Investments Ltd. (controlled by Nestle SA (SWX:NESN)) (TASE: OSEM) fell 1.17% after reporting its second quarter financials.

Published by Globes [online], Israel business news - www.globes-online.com - on August 30, 2015

© Copyright of Globes Publisher Itonut (1983) Ltd. 2015

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