Thu: Teva fails to lift TASE

Teva was the only share to rise on the Tel Aviv 25 Index today as the market was spooked by the spate of stabbings.

The Tel Aviv Stock Exchange (TASE) fell today as the market was spooked by the spate of terrorist stabbings. The Tel Aviv 25 Index fell 0.99% to 1,519.72 points, the Tel Aviv 100 Index fell 0.88%, to 1,325.41 points and the BlueTech Index fell 0.43%, to 327.69 points. The TelBond 20 corporate bond index rose 0.14%, to 314.35 points. Turnover totaled NIS 953.7 million.

On the foreign exchange market, the Bank of Israel set the shekel dollar representative rate down 0.052% from yesterday's rate at NIS 3.848/$, and the representative shekel-euro rate was set up 0.3%, at NIS 4.346/€.

In the market, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 2.45% on the day's highest trading volume. Teva was the only share to rise on the Tel Aviv 25 Index today. Perrigo Company (NYSE:PRGO; TASE:PRGO) fell 1.77% and Opko Health Inc. (NYSE: OPK; TASE: OPK) fell 2.24%.

Delek Group Ltd. (TASE: DLEKG) fell 2.63% and its energy exploration and production units Avner Oil and Gas LP (TASE: AVNR.L) and Delek Drilling Limited Partnership (TASE: DEDR.L) fell 1.63% and 1.02% respectively. Isramco Ltd. (Nasdaq: ISRL; TASE: ISRA.L) fell 2.14%.

The banks were also in negative territory today with Mizrahi Tefahot Bank (TASE:MZTF) down 2.77% for the biggest fall on the Tel Aviv 25 Index. Bank Leumi (TASE: LUMI) was down 1.17%, Bank Hapoalim (TASE: POLI) was down 0.53%, and Israel Discount Bank (TASE: DSCT) fell 1.38%.

Published by Globes [online], Israel business news - www.globes-online.com - on October 8, 2015

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

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