Tue: TASE slide continues

Delek and Delek Drilling led the TASE down today while Shufersal bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.43% to 1,460.04 points; the Tel Aviv 125 Index fell 0.38% to 1,329.06 points; and the BlueTech Global Index fell 0.83% to 371.16 points. The TelBond 20 corporate bond index rose 0.14% to 344.53 points. Trading turnover was NIS 1.08 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate up 0.057% from yesterday at NIS 3.492/$ and set the shekel-euro rate up 0.140% at 4.142/€.

On the market, Delek Group Ltd. (TASE: DLEKG) fell 2.34% and Delek Drilling LP (TASE: DEDR.L) fell 3.94% for the biggest fall on the Tel Aviv 35 Index, despite the signing of an MOU today for the laying of a natural gas underwater pipeline between Israel and Italy. Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) fell 1.59% and Opko Health Inc. (NYSE: OPK; TASE: OPK) fell 1.96%. Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) fell 1.51% and Bank Hapoalim (TASE: POLI) fell 0.25% on the day's biggest trading turnover.

Shufersal Ltd. (TASE:SAE) rose 2.67% for the biggest rise on the Tel Aviv 35 Index today and Strauss Group Ltd. (TASE:STRS) rose 1.33%. Israel Chemicals (TASE: ICL: NYSE: ICL) rose 1.27%, Amot Investments Ltd. (TASE:AMOT) rose 1.87% and Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) rose 1.42%.

Published by Globes [online], Israel business news - www.globes-online.com - on December 5, 2017

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

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