Wed: Tel Aviv stocks mixed

There was no clear direction on the Tel Aviv Stock Exchange today, but banks were weak while the energy sector was firm.

The main Tel Aviv Stock Exchange indices were mixed today. The Tel Aviv 25 Index fell 0.13%, to 1,560.23 points, but the Tel Aviv 100 Index rose 0.23%, to 1,346.94 points; and the BlueTech Index rose 0.92%, to 344.14 points. The TelBond 20 corporate bond index rose 0.17%, to 315.38 points. Turnover totaled NIS 1.53 billion.

On the foreign exchange market, the representative shekel-dollar rate was set 0.10% higher, at NIS 3.877/$, and the representative shekel-euro rate was set 0.40% lower, at NIS 4.1056/€.

Bezeq led trading today, falling 1.36%. It was followed by Teva, which closed up 1.58%, Elbit Systems, up 1.42%, and ICL, down 1.99%. The big two banks both fell: Bank Leumi by 1.26% and Bank Hapoalim by 1.36%.

Notable advancers today were Tower Semiconductor, up 3.99%, and energy partnership Ratio, up 3.34%, with the energy sector generally strong, apparently affected by the announcement this morning of preliminary agreement for export of gas from the Leviathan reserve to Egypt. Gazit Globe rose 3.19%.

Published by Globes [online], Israel business news - www.globes-online.com - on November 25, 2015

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

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