Thu: TASE ends week on upbeat

The market rose slightly today, with Bank Hapoalim and Teva leading the advancers.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 25 Index rose 0.13%, to 1,398.24 points; the Tel Aviv 100 Index rose 0.07%, to 1,256.31 points. The BlueTech Index fell 0.17%, to 315.36 points. The TelBond 20 corporate bond index rose 0.07%, to 322.6 points. Turnover totaled NIS 1.54 billion.

Bank Hapoalim led trading, and rose 0.30%. Bank Leumi, which was next on the list, fell 0.37%. Pharmaceuticals stocks Teva and Perrigo also went in opposite directions: Teva rose 0.16%, while Perrigo fell 0.26%. Israel Chemicals rose 0.56%.

Protalix, which today announced the appointment of former Teva CEO Shlomo Yanai as chairman, rose 2.72%, and Opko Health rose 2.49%.

Technology stocks were weak, with Silicom down 5.67%, Tower Semiconductor down 3.9%, EZchip down 3.08%, Nova Measuring Instruments down 2.78%, and Perion Networks down 1.8%.

Published by Globes [online], Israel business news - www.globes-online.com - on July 24, 2014

© Copyright of Globes Publisher Itonut (1983) Ltd. 2013

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