Thu: Stocks fall back to make it a negative week

Leading stock Teva rose today, but the Tel Aviv 25 Index fell to give a weekly decline of 0.4%.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 25 Index fell 0.58%, to 1,663.9 points; the Tel Aviv 100 Index fell 0.60%, to 1,431.38 points; and the BlueTech Index fell 1.09%, to 361.8 points. The TelBond 20 corporate bond index rose 0.28%, to 316.55 points. Turnover totaled NIS 986 million.

The Tel Aviv 25 Index fell 0.4% over the week, and is up 13.6% since the beginning of the year.

On the foreign exchange market, the representative shekel-dollar rate was set 0.08% higher, at NIS 3.78/$, and the representative shekel-euro rate was set 0.24% lower, at NIS 4.1853/€.

Teva led trading today, rising 1.22%. Bank Leumi fell 0.83%, Bank Hapoalim, for which Citi reaffirmed a "Buy" recommendation today, rose 0.73%, Elbit Systems, which announced a large contract in Europe, rose 1.01%, and Bezeq rose 0.7%.

IDB Development was a notable advancer, by 3.71%. Among the decliners, Tower Semiconductor fell 3.76%, Azrieli 3.17%, and Delek Drilling 2.75%.

Published by Globes [online], Israel business news - www.globes-online.com - on July 2, 2015

© Copyright of Globes Publisher Itonut (1983) Ltd. 2015

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018