The Tel Aviv Stock Exchange closed flat today. The Tel Aviv 25 Index was unchanged, at 1,451.33 points; the Tel Aviv 100 Index fell 0.02%, to 1,297.98 points; and the BlueTech Index fell 0.65%, to 307.01 points. The TelBond 20 corporate bond index rose 0.09%, to 325.48 points. Turnover totaled NIS 1.33 billion.
On the foreign exchange market, the shekel-dollar pair continued to correct, with the representative rate falling 0.763% to NIS 3.6640/$. The shekel-euro representative rate also fell, by 0.381%, to NIS 4.6065/€.
The big two banks, Leumi and Hapoalim, were today's top traded stocks. Leumi fell 1.42% and Hapoalim 1.06%. Shlomo Eliahu sold a NIS 590 million block of Bank Leumi shares in an off-floor transaction. Teva fell 0.77% and Bezeq 0.78%. Israel Chemicals was the only one of today's top five to rise, by 0.57%.
Energy stocks were strong today. Joel rose 1.7%, Delek Drilling 1.69%, Oil Refineries 1.5%, and Avner 1.43%. Today's main decliners were mostly in the technology sector: Perion Networks fell 4.48%, and Tower Semiconductor 3.13%. PhotoMedex fell 8.55% after declining sharply on Nasdaq yesterday, for no apparent reason. But Spacecom rose 1.72%, after announcing a $29 million contract in Africa.
Published by Globes [online], Israel business news - www.globes-online.com - on October 2, 2014
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