Wed: Bezeq drags market down

Bezeq and Teva continued to fall while Israel Chemicals led the gains.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.16% to 1,436.23 points; the Tel Aviv 125 Index fell 0.16%, to 1,290.08 points; and the BlueTech Global Index fell 1.55% to 362.45 points. The TelBond 20 corporate bond index fell 0.37% to 332.59 points. Trading turnover was NIS 1.39 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate today up 0.085% at NIS 3.521/$ from yesterday's rate and set the shekel-euro rate up 1.084% at 4.002/€.

On the market, Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) fell a further 1.02%. Opko Health Inc. (NYSE: OPK; TASE: OPK) fell 4.19% for the biggest fall on the Tel Aviv 35 index today and Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 0.69%.

Israel Chemicals (TASE: ICL: NYSE: ICL) rose 2.50% for the biggest rise on the Tel Aviv 35 index today and parent company Israel Corporation (TASE: ILCO) rose 1.40%. Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL) rose 1.55% and Perrigo Company (NYSE:PRGO; TASE:PRGO) rose 1.24%. Oil Refineries Ltd. (TASE:ORL) rose 1.23% and Delek Group Ltd. (TASE: DLEKG) rose 1.20%.

Bank Hapoalim (TASE: POLI) was unchanged on the day's biggest trading turnover.

Published by Globes [online], Israel business news - www.globes-online.com - on June 28, 2017

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

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