Thu: Teva again pulls market down

The Tel Aviv 35 Index fell 0.7% this week, with Teva depressing the index today.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.53%, to 1,412.19 points; the Tel Aviv 125 Index fell 0.69%, to 1,282.08 points; and the BlueTech Global Index fell 1.40%, to 368.09 points. The TelBond 20 corporate bond index fell 0.19%, to 333.12 points. Turnover totaled NIS 1.78 billion.

For the week, the Tel Aviv 35 Index fell 0.7%. The index is down 4.0% for the year to date.

On the foreign exchange market, the representative shekel-dollar rate was set 0.06% higher, at NIS 3.6050/$, and the representative shekel-euro rate was set 0.23% higher, at NIS 4.0114/€.

Bank Hapoalim led trading today, and rose 0.67%. Teva, which opened on a large negative arbitrage gap, fell 4.28% (after falling 3.86% yesterday), which weighed on the Tel Aviv 35 Index. Bezeq, whose results released today were given a cool reception by analysts, fell 0.65%. Bank Leumi closed flat, and Mizrahi Tefahot Bank rose 1.58%.

Mazor Robotics rose 6.29%, Azriel Group rose 2.71%, and Frutarom rose 1.60%.

Published by Globes [online], Israel business news - www.globes-online.com - on May 18, 2017

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

5 Comments
View comments in rows
Update by email about comments talkback
POST
Comments
Your name
Please insert your name
Content
Hyperlink in a new window Hyperlink Right Left underline italic bold Bulleted List Ordered List Face1 Face2 Face3 Face4 Face5 Face6
Your comment

Thanks
You comment was recieved and soon will be published.
In posting comments, I agree to abide by the Terms of Use
Globes encourages lively and frank debate, but posts that the editors consider merely abusive or otherwise inappropriate will be removed. Report inappropriate content
Thank you for posting your comment, which will be reviewed for publication.
Loading Comments...load
Load more comments
Twitter Facebook Linkedin RSS Newsletters גלובס Capital  Markets Conference 2017