Tue: Israel Chemicals again boosts TASE

Israel Chemicals and Teva led today's gains but energy stocks tempered bullish trading.

The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 0.54% to 1,464.16 points, the Tel Aviv 100 Index rose 0.64%, to 1,258.69 points and the BlueTech Index rose 0.54% to 295.47 points. The TelBond 20 corporate bond index fell 0.01% to 307.42 points. Turnover totaled NIS 1.22 billion.

On the foreign exchange market, the Bank of Israel set the shekel-dollar representative rate down 0.051% from yesterday's rate at NIS 3.953/$, and the representative shekel-euro rate down 0.346% at NIS 4.296/€.

On the market, Israel Chemicals (TASE: ICL: NYSE: ICL) rose 3.73% for the biggest rise on the Tel Aviv 25 Index, after yesterday's gain of 4%. Parent company Israel Corporation (TASE: ILCO) rose 2.49%. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 1.74% on the day's biggest trading turnover and Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) rose 1.16%. Frutarom Industries Ltd. (TASE: FRUT; LSE:FRUT; OTCBB:FRUTF) rose 2.17%, ending its downward correction of the past few days.

However, energy stocks tempered the bullish market today. Delek Group Ltd. (TASE: DLEKG) fell 1.27% and its energy exploration and production units Avner Oil and Gas LP (TASE: AVNR.L) and Delek Drilling Limited Partnership (TASE: DEDR.L) fell 1.97% and 1.05% respectively - the former was the biggest fall on the Tel Aviv 25 Index today. Isramco Ltd. (Nasdaq: ISRL; TASE: ISRA.L) fell 1.86%.

Published by Globes [online], Israel business news - www.globes-online.com - on January 19, 2016

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

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018