Sun: Resurgent Teva fails to lift flat TASE

Teva rose strongly today while Tower and Cellcom led the declines.

The Tel Aviv Stock Exchange was flat today. The Tel Aviv 35 Index rose 0.02% to 1,532.40 points; the Tel Aviv 125 Index fell 0.06% to 1,387.29 points; and the BlueTech Global Index rose 0.01% to 378.12 points. The TelBond 20 corporate bond index rose 0.06% to 343.99 points. Trading turnover was NIS 423.2 million.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate up 0.11% at NIS 3.574/$ from Friday's rate and set the shekel-euro rate down 0.42% at 4.204/€.

On the market, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 5.77% for the biggest rise on the Tel Aviv 35 Index on the day's biggest trading turnover. Opko Health Inc. (NYSE: OPK; TASE: OPK) rose 1.89%, Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) rose 2.15% and Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) rose 1.35%.

Israel Chemicals (TASE: ICL: NYSE: ICL) fell 1.12% and Delek Drilling LP (TASE: DEDR.L) fell 1.83%. Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL) fell 2.56% for the biggest fall on the Tel Aviv 35 Index. NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) fell 1.68% and Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) fell 2.06%.

Published by Globes [online], Israel business news - www.globes-online.com - on June 10, 2018

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

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