The Tel Aviv Stock Exchange (TASE) fell today. The Tel Aviv 25 Index fell 0.12% to 1,422.39, the Tel Aviv 100 Index fell 0.3% to 1,280.76 points, and the BlueTech 50 Index fell 0.64% to 314.43 points. Turnover was NIS 1.22 billion.
The TASE fell today following mixed sessions on European markets and Wall Street on Friday.
In the foreign currency market, futures pointed to a 0.34% fall in the shekel dollar representative rate set by the Bank of Israel on Friday to NIS 3.624/$, and a 0.08% rise in the shekel-euro exchange rate to NIS 4.704/€.
In the bond market, both long-term Shahar unlinked shekel government bonds and long term Galil CPI-linked government bonds fell. The corporate bond benchmark Tel-Bond 20 Index fell 0.23%.
In the stock market, Israel Chemicals Ltd. (TASE: ICL) rose 2.97% for the biggest gain on the Tel Aviv 25 Index and its parent company Israel Corporation (TASE: ILCO) rose 2.23% after reporting its will hold a public offering for Israel Chemicals on the NYSE later this month to raise $500 million.
Delek Group Ltd. (TASE: DLEKG) rose 0.82% after reporting the sale of UK motorway services company Roadchef.
But the banks led the declines with Bank Hapoalim (TASE: POLI) down 1.72%, Bank Leumi (TASE: LUMI) down 1.77%, Israel Discount Bank (TASE: DSCT) down 1.01% and Mizrahi Tefahot Bank (TASE:MZTF) down 2.24% for the largest loss on the Tel Aviv 25. First International Bank of Israel (TASE: FTIN) was down just 0.07% on the day's highest trading turnover.
Perion Networks Inc. (Nasdaq:PERI: TASE:PERI) rose 7.5% correcting recent strong falls.
Published by Globes [online], Israel business news - www.globes-online.com - on September 14, 2014
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