Tue: Tel Aviv 25 up 6.5% in March, 11% in Q1

Bank Hapoalim and Bank Leumi lifted the market today but Delek fell following its financials.

The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 0.36% to 1,625.77 points, the Tel Aviv 100 Index rose 0.22% to 1,417.28 points, but the BlueTech 50 Index fell 0.03% to 377.19 points. Turnover was NIS 1.35 billion. The market rose 6.5% in March and 11% in the first quarter.

In the foreign currency market, the Bank of Israel set the shekel-dollar representative exchange rate at NIS 3.98/$, up 0.227% on yesterday's rate, and set the shekel-euro representative exchange rate at NIS 4.274/€, down 0.672%.

In the bond market, the corporate bond benchmark Tel-Bond 20 Index rose 0.14%.

In the stock market, NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) rose 2.82% for the biggest rise on the Tel Aviv 25 Index and Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 0.89% on the day's biggest trading turnover. Bank Leumi (TASE: LUMI) rose 1.37% and Bank Hapoalim (TASE: POLI) rose 1.11%. Israel Chemicals (TASE: ICL: NYSE: ICL) rose 0.78%.

On the negative side, Delek Group Ltd. (TASE: DLEKG) fell 1.91% following its fourth quarter financials, for the biggest fall on the Tel Aviv 25 Index. Delek's energy units Avner Oil and Gas LP (TASE: AVNR.L) and Delek Drilling Limited Partnership (TASE: DEDR.L) fell 1.37% and 1.61% respectively. Isramco Ltd. (Nasdaq: ISRL; TASE: ISRA.L) fell 1.41%.

Published by Globes [online], Israel business news - www.globes-online.com - on March 31, 2015

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

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