Thu: Tel Aviv 25 down 0.7% for week

A generally negative week ended on a positive note today, with Teva and Bank Leumi leading the rises.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 25 Index rose 0.34%, to 1,379.01 points; the Tel Aviv 100 Index rose 0.41%, to 1,240.94 points; and the BlueTech Index rose 0.19%, to 304.6 points. The TelBond 20 corporate bond index rose 0.20%, to 322.83 points. Turnover totaled NIS 808 million.

For the week, the Tel Aviv 25 Index fell 0.7%. The index has risen by 3.7% year-to-date.

In the foreign exchange market, the representative shekel-dollar exchange rate rose 0.085%, to NIS 3.536/$, while the shekel-euro rate fell 0.051%, to NIS 4.6903/€.

Teva was today's most heavily traded stock, rising 2.2%. Bank Leumi, which reported second quarter results affected by a NIS 460 million write-off on account of an investigation into abetting tax evasion by the US authorities but otherwise impressive, rose 2.17%. Oil Refineries rose 5.96%, also on the back of second quarter financials. Delek Group was the only one of today's top five stocks to fall, by 0.32%. Evogene closed 8.64% higher, after reporting results yesterday.

Among the notable decliners was Perion Networks, which fell 3.02%; Nova Measuring Instruments, down 2.41%, and Opko Health, down 1.49%.

Published by Globes [online], Israel business news - www.globes-online.com - on August 21, 2014

© Copyright of Globes Publisher Itonut (1983) Ltd. 2013

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