Thu: Teva leads falls

The market fell today, with Teva weak after its financials, but the big two banks were slightly firmer.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 25 Index fell 0.45%, to 1,392.45 points; the Tel Aviv 100 Index fell 0.64%, to 1,246.1 points, and the BlueTech Index fell 0.68%, to 307.69 points. The TelBond 20 corporate bond Index fell 0.24%, to 321.99 points. Turnover totaled $1.03 billion.

Over the past two weeks, the Tel Aviv 25 Index has fallen 0.6%. The index is up 4.7% year-to-date.

On the foreign exchange market, the representative shekel-dollar rate was flat, at NIS 3.429/$, and the shekel-euro rate fell 0.124%, to NIS 4.5899/€.

Teva led the falls with a 1.60% drop after reporting its second quarter financials today. Israel Chemicals fell 1.82%, but the major banks were a little firmer, with Bank Hapoalim up 0.05% and Bank Leumi up 0.6%. Bezeq also rose, by 0.38%.

In energy stocks, Isramco was prominent, rising 1.32%, while Kamada and Perion Networks were the steepest decliners, falling 5.24% and 4.65%.

Published by Globes [online], Israel business news - www.globes-online.com - on July 31, 2014

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

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018