Wed: Israel Chemicals leads TASE higher

Israel Chemicals was boosted by strong Fourth quarter results while Mazor Robotics declined despite positive results.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.52% to 1,474.78 points; the Tel Aviv 125 Index rose 0.66% to 1,340.76 points; and the BlueTech Global Index rose 0.90% to 370.75 points. The TelBond 20 corporate bond index fell 0.02% to 341.22 points. Trading turnover was NIS 1.64 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate up 0.170% from yesterday's exchange rate at NIS 3.533/$ and set the shekel-euro rate up 0.269% at 4.364/€.

On the market, Israel Chemicals (TASE: ICL: NYSE: ICL) rose 3.72% after reporting strong results on the day's biggest trading turnover and parent company Israel Corporation (TASE: ILCO) rose 5.33% for the biggest rise on the Tel Aviv 35 index. Oil Refineries Ltd. (TASE:ORL) rose 2.38% and Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) rose 1.61%. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 0.85%.

Mazor Robotics Ltd. (TASE:MZOR) fell 2.80% for the biggest fall on the Tel Aviv 35 Index despite reporting positive results. Delek Drilling LP (TASE: DEDR.L) fell 1.87% and Melisron Ltd. (TASE: MLSR) fell 1.61%. Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL) fell 1.19% and Shufersal Ltd. (TASE:SAE) fell 1.18%.

Published by Globes [online], Israel business news - www.globes-online.com - on February 14, 2018

© Copyright of Globes Publisher Itonut (1983) Ltd. 2018

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