Thu: Main indices fall as TASE records negative half

The market fell today despite rises by the big two banks and Teva. The Tel Aviv 35 Index lost 2.5% in the first half-year.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.18%, to 1,433.63 points; the Tel Aviv 125 Index fell 0.09%, to 1,288.88 points; and the BlueTech Global Index fell 0.38%, to 360.69 points. The TelBond 20 corporate bond index fell 0.08%, to 332.82 points. Turnover totaled NIS 2.05 billion.

The Tel Aviv 35 index fell 0.3% over the past week. The index is down 2.5% for the year to date.

On the foreign exchange market, the representative shekel-dollar rate was set 0.88% lower, at NIS 3.4900/$, and the representative shekel-euro rate was set 0.49% lower, at NIS 3.9825/€.

The three leading stocks actually rose today. Bank Hapoalim rose 0.34%; Bank Leumi rose 1.25%; and Teva rose 0.52%. Troubled Bezeq fell 0.09%, and Perrigo fell 1.12%. Kenon, up 3.87%, and Cellcom, up 2.44%, were notable advancers today.

Published by Globes [online], Israel business news - www.globes-online.com - on June 29, 2017

© Copyright of Globes Publisher Itonut (1983) Ltd. 2017

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