The Tel Aviv Stock Exchange (TASE) rose today to another new record. The Tel Aviv 25 Index rose 0.55% to 1,446.96 points, the Tel Aviv 100 Index rose 0.57% to 1,301.79 points, and the BlueTech 50 Index rose 0.89% to 320.18 points. Turnover was NIS 1.23 billion.
The TASE rose in line with European markets and at the opening on Wall Street. The Tel Aviv 25 Index was up 1.6% on the week, and has risen 8.8% since the start of 2014. Next week will be a short trading week ending on Tuesday because of the Rosh Hashana Jewish New Year holiday.
In the foreign currency market, the Bank of Israel set the shekel-dollar representative exchange rate at NIS 3.649/$, unchanged on yesterday's rate, and set the shekel-euro representative exchange rate at NIS 4.701/€, down 0.552%.
In the bond market, both long-term Shahar unlinked shekel government bonds and long term Galil CPI-linked government bonds fell. The corporate bond benchmark Tel-Bond 20 Index fell 0.06%.
In the stock market, Israel Chemicals Ltd. (TASE: ICL) was up 2.64% and parents company Israel Corporation (TASE: ILCO) rose 3.28% for the largest rise on the Tel Aviv 25 Index.
Bank Leumi (TASE: LUMI) rose 1.32% on the day's largest trading turnover and Bank Hapoalim (TASE: POLI) rose 1.42%.
In negative territory, Delek Group Ltd. (TASE: DLEKG) fell 1.59%, Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) fell 1.49%, and Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL) fell 1.79% for the largest fall on the Tel Aviv 25 Index.
Published by Globes [online], Israel business news - www.globes-online.com - on September 18, 2014
© Copyright of Globes Publisher Itonut (1983) Ltd. 2014