Sun: NICE Systems boosts TASE

NICE Systems, Teva and OPKO led the market higher today but Frutarom again lost ground.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.88% to 1,485.21 points; the Tel Aviv 125 Index rose 0.86% to 1,340.72 points; and the BlueTech Global Index rose 2.04% to 361.56 points. The TelBond 20 corporate bond index fell 0.06% to 343.52 points. Trading turnover was NIS 481.1 million.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate down 0.391% at NIS 3.569/$ on Friday and set the shekel-euro rate down 0.033% at 4.255/€.

On the market, Opko Health Inc. (NYSE: OPK; TASE: OPK) rose 5.40% for the biggest rise on the Tel Aviv 35 Index. Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA; TASE: TEVA) rose 1.31%, Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) rose 2.12% and NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) rose 2.73%. Mazor Robotics Ltd. (TASE:MZOR) rose 3.56% and Fattal Holdings (1998) Ltd. (TASE: FTAL) rose 2.77%. Outside of the Tel Aviv 35 Index Avgol Nonwoven Industries Ltd. (TASE:AVGL) rose 6.65% on the announcement that a Thai company is buying a controlling stake in it.

Frutarom Industries Ltd. (TASE: FRUT; LSE:FRUT; OTCBB:FRUTF) fell 1.59% for the biggest fall on the Tel Aviv 35 Index on the day's biggest trading turnover. Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) fell 1.06%, Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL) fell 1.56% and Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) fell 1.52%.

Published by Globes [online], Israel business news - www.globes-online.com - on May 13, 2018

© Copyright of Globes Publisher Itonut (1983) Ltd. 2018

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