The Tel Aviv Stock Exchange (TASE) rose sharply today. The Tel Aviv 25 Index rose 1.62% to 1,470.36 points, a new record, the Tel Aviv 100 Index rose 1.52% to 1,304.02 points, and the BlueTech 50 Index rose 0.98% to 309.69 points. Turnover was NIS 1.42 billion.
In the foreign currency market, the Bank of Israel set the shekel-dollar representative exchange rate at NIS 3.871/$, up 0.207% on yesterday's rate, and set the shekel-euro representative exchange rate at NIS 4.819/€, up 0.312%.
In the bond market, both long-term Shahar unlinked shekel government bonds and long term Galil CPI-linked government bonds rose. The corporate bond benchmark Tel-Bond 20 Index rose 0.30%.
In the stock market, only two shares traded on the Tel Aviv 25 Index fell. NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) was down 0.27% and Israel Chemicals Ltd. (NYSE: ICL; TASE: ICL) was down 0.41%.
Migdal Insurance and Financial Holdings Ltd. (TASE: MGDL) led the rises jumping 6.6%. Delek Group Ltd. (TASE: DLEKG) rose 3.76% and its energy exploration units clawed back yesterday's big losses and some more with Avner Oil and Gas LP (TASE: AVNR.L) rising 4.89% and Delek Drilling Limited Partnership (TASE: DEDR.L) up 3.76%.
Strauss Group Ltd. (TASE:STRS) rose 3.66% after reporting a rise in revenue and profit in the third quarter while fellow food company Osem Investments Ltd. (controlled by Nestl? SA (SWX:NESN)) (TASE: OSEM) rose 3.74%.
It was also a good day for Bank Hapoalim (TASE: POLI), which rose 2.96% and Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 0.96% on the day's largest trading turnover.
Published by Globes [online], Israel business news - www.globes-online.com - on November 26, 2014
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