Thu: Teva corrects

The main indices rose today, with Teva leading the way. Energy exploration company Ratio rose sharply.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 25 Index rose 0.34%, to 1,445.54 points; the Tel Aviv 100 Index rose 0.40%, to 1,264.3 points; and the BlueTech Index rose 0.46%, to 368.89 points. The TelBond 20 corporate bond index closed flat, at 321.81 points. Turnover totaled NIS 1.64 billion.

On the foreign exchange market, the representative shekel-dollar rate was set 0.40% lower, at NIS 3.7870/$, and the representative shekel-euro rate was set 0.18% higher, at NIS 4.0878/€.

Teva led trading today, and corrected 2.51% from its recent steep falls. Ratio rose 4.76%, Bank Hapoalim fell 0.04%, Bank Leumi rose 0.32%, and Bezeq rose 1.50%.

Both Idan Ofer-controlled holding companies rose sharply: Kenon by 4.75% and Israel Corporation by 3.00%. Opko Health fell 3.33%, and MannKind fell 2.99%.

Published by Globes [online], Israel business news - www.globes-online.com - on December 8, 2016

© Copyright of Globes Publisher Itonut (1983) Ltd. 2016

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