Sun: Teva boosts TASE

Teva led the market higher today but Israel Chemicals and Frutarom declined.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.77% to 1,528.07 points; the Tel Aviv 125 Index rose 0.72% to 1,372.47 points; and the BlueTech Global Index rose 0.46% to 367.74 points. The TelBond 20 corporate bond index rose 0.18% to 343.49 points. Trading turnover was NIS 500.2 million.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate down 0.028% at NIS 3.568/$ from Friday's rate and set the shekel-euro rate down 0.115% at 4.176/€.

On the market, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 3.70% for the biggest rise on the Tel Aviv 35 Index today on the day's biggest trading turnover. Opko Health Inc. (NYSE: OPK; TASE: OPK) rose 2.97% and NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) rose 2.04%. Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) rose 1.80%, Mazor Robotics Ltd. (TASE:MZOR) rose 1.94% and Israel Discount Bank (TASE: DSCT) rose 2.65%.

Israel Chemicals (TASE: ICL: NYSE: ICL) fell 1.63% and parent company Israel Corporation (TASE: ILCO) fell 1.36%. Frutarom Industries Ltd. (TASE: FRUT; LSE:FRUT; OTCBB:FRUTF) fell 1.83% for the biggest fall on the Tel Aviv 35 Index.

Published by Globes [online], Israel business news - www.globes-online.com - on May 27, 2018

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

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