The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 0.38% to 1,487.53 points, the Tel Aviv 100 Index rose 0.44% to 1,316.89 points, and the BlueTech 50 Index rose 0.15% to 322.00 points. Turnover was NIS 676.4 million.
In the foreign currency market, futures pointed to a 0.20% fall in the shekel dollar representative rate set by the Bank of Israel on Friday to NIS 3.922/$, while the shekel-euro exchange rate was down 0.58% at NIS 4.799/€.
In the bond market, the corporate bond benchmark Tel-Bond 20 Index fell 0.23%.
In the stock market, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 3.33% for the biggest rise on the Tel Aviv 25 index on the day's largest trading turnover. The market was also lifted by pharmaceutical companies Opko Health Inc. (NYSE: OPK; TASE: OPK), which rose 2.34% and Perrigo Company (Nasdaq:PRGO; TASE:PRGO), which rose 2.83%.
the banks fell today with Bank Leumi (TASE: LUMI) down 1.93%, Bank Hapoalim (TASE: POLI) down 1.22%, Israel Discount Bank (TASE: DSCT) down 1.11% and Mizrahi Tefahot Bank (TASE:MZTF) down 1.71%. Delek Group Ltd. (TASE: DLEKG) continued to fall losing another 0.60%.
The Russian financial crisis continued to weigh on Africa-Israel Investments Ltd. (TASE:AFIL), which lost 5% and the real estate companies of Eliezer Fishman - Jerusalem Economy Ltd. (TASE:ECJM) (JEC) and Industrial Building Corporation Ltd. (TASE:IBLD), which lost 19.59% and 14.22% respectively.
Published by Globes [online], Israel business news - www.globes-online.com - on December 21, 2014
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