After rising all week, the Tel Aviv Stock Exchange fell today. The Tel Aviv 25 Index fell 0.71%, to 1,430.50 points; the Tel Aviv 100 Index also fell 0.71%, to 1,240.87 points; and the BlueTech Index fell 0.86%, to 331.57 points. The TelBond 20 corporate bond index rose 0.14%, to 318.20 points. Turnover totaled NIS 2.46 billion.
The Tel Aviv 25 Index rose 2.3% over the week. The index has fallen 6.4% so far this year.
On the foreign exchange market, the representative shekel-dollar rate was set 0.47% lower, at NIS 3.8370/$, and the representative shekel-euro rate was set 0.14% lower, at NIS 4.2890/€.
Bezeq led trading today, and fell 3.57% after reporting a first quarter profit nearly 38% down on the first quarter last year. Bank Hapoalim rose 0.78%, but Bank Leumi fell 0.36%. Teva fell 1.75% and Perrigo fell 0.43%.
Notable advancers were Paz, which reported good results yesterday and rose 3.17% today, and Clal Insurance, up 3.68% after IDB reported an offer for its stake in the company. El Al, which reported a wider first quarter loss today, dived 10.62%.
Published by Globes [online], Israel business news - www.globes-online.com - on May 26, 2016
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