Sun: TASE surges to new record

Ormat Technologies and Melisron led the rises but Opko Health fell heavily.

The Tel Aviv Stock Exchange (TASE) rose today to another new record. The Tel Aviv 25 Index rose 1.14% to 1,535.17 points, the Tel Aviv 100 Index rose 1.18% to 1,359.61 points, and the BlueTech 50 Index rose 0.92% to 375.63 points. Turnover was NIS 760 million.

In the foreign currency market, futures trading pointed to a the shekel-dollar representative exchange rate rising 0.59% from Friday's rate to NIS 3.989/$, and a 0.52% rise in the shekel-euro representative exchange rate to NIS 4.471/€.

In the bond market, the corporate bond benchmark Tel-Bond 20 Index rose 0.19%.

In the stock market, Ormat Technologies Inc. (NYSE: ORA; TASE: ORMT) rose 3.65% for the biggest rise on the Tel Aviv 25 Index followed by Melisron Ltd. (TASE: MLSR), which rose 3.52%. Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA; TASE: TEVA) rose 2.28% on the day biggest trading turnover. Israel Chemicals (TASE: ICL: NYSE: ICL) rose 1.04%.

Opko Health Inc. (NYSE: OPK; TASE: OPK) fell 5.02%, the only Tel Aviv 25 index stock to fall today.

Bank Leumi (TASE: LUMI) rose 1.45% and Bank Hapoalim (TASE: POLI) rose 1.77%.

Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) rose 2.86%, and NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) rose 2.29%. Delek Group Ltd. (TASE: DLEKG) energy exploration units Avner Oil and Gas LP (TASE: AVNR.L) and Delek Drilling Limited Partnership (TASE: DEDR.L) rose 1.38% and 2.46% respectively.

Published by Globes [online], Israel business news - www.globes-online.com - on March 1, 2015

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

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