Thu: Tel Aviv 25 down 0.8% for week

The big two banks and Teva fell today, as the TASE closed the week with a further decline. Partner and Cellcom rose sharply.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 25 Index fell 0.65%, to 1,671.33 points, and the Tel Aviv 100 Index fell 0.14%, to 1,443.15 points. The BlueTech Index rose 0.21%, to 367.11 points. The TelBond 20 corporate bond index fell 0.09%, to 316.06 points. Turnover totaled NIS 2.5 billion.

The Tel Aviv 25 Index fell 0.8% over the week. It has risen 14.1% since the beginning of the year.

On the foreign exchange market, the representative shekel-dollar rate was set 0.24% higher, at NIS 3.77/$, and the representative shekel-euro rate was set 0.13% higher, at NIS 4.2232/€, after large purchases of dollars by the Bank of Israel.

Today's leading stock Bank Leumi fell 1.32%. Bank Hapoalim also fell, by 1.69%. Teva was off 0.13%. Perrigo rose 1.77%, and Discount Investment rose 0.09%.

There were striking rises for telecommunications stocks Partner (14.01%) and Cellcom (7.78%). Among the decliners, Nice Systems fell 3.56% and Frutarom 3.41%.

After FIMI announced a deal to buy control of Hadera Paper yesterday, the latter's share price rose 5.92% today. Mazor Robotics, which recently announced the 50th sale of its Renaissance system for guided spinal surgery in the US, announced two further sales today, in the US and in Spain. The company's share price rose 5.5%.

Published by Globes [online], Israel business news - www.globes-online.com - on June 25, 2015

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

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