The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 0.26% to 1,400.26 points, the Tel Aviv 100 Index rose 0.22% to 1,261.48 points, and the BlueTech 50 Index rose 0.53% to 317.35 points. Turnover was NIS 966.5 million.
The TASE rose for the fourth-straight day today in line with European markets and the opening on Wall Street, and the Tel Aviv 25 Index moved back above 1,400 points for the first time in weeks.
In the foreign currency market, the Bank of Israel set the shekel-dollar representative exchange rate at NIS 3.408/$, up 0.088% on yesterday's rate, and set the shekel-euro representative exchange rate at NIS 4.613/€, down 0.367%.
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 0.02%.
In the stock market, energy exploration company Delek Drilling Limited Partnership (TASE: DEDR.L) rose 2.26% for the highest rise on the Tel Aviv 25 Index and sister Delek Group Ltd. (TASE: DLEKG) company Avner Oil and Gas LP (TASE: AVNR.L) rose 0.84%.
Perrigo Company (NYSE:PRGO; TASE:PRGO) slipped 0.66% after yesterday's strong rises, while Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 0.11% on the day's largest trading turnover.
Israel Chemicals Ltd. (TASE: ICL) fell 1.14% for the largest fall on the Tel Aviv 25 Index today but parent company Israel Corporation (TASE: ILCO) continued its winning streak by rising 0.73%.
Elsewhere in the market there were good gains for Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT), which rose 1.76% and Opko Health Inc. (NYSE: OPK; TASE: OPK), which rose 1.2%.
Published by Globes [online], Israel business news - www.globes-online.com - on July 16, 2014
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