Wed: Teva still falling hard on flat market

Teva led the declines again while Partner and Israel Corp led the gains.

The Tel Aviv Stock Exchange was flat today. The Tel Aviv 35 Index rose 0.07% to 1,393.31 points; the Tel Aviv 125 Index fell 0.09% to 1,265.72 points; and the BlueTech Global Index fell 0.49% to 352.88 points. The TelBond 20 corporate bond index rose 0.02% to 337.57 points. Trading turnover was NIS 1.12 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate today down 0.168% at NIS 3.562/$ from yesterday's rate and set the shekel-euro rate up 0.116% at 4.247/€.

On the market, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 2.64% for the biggest fall on the Tel Aviv 35 Index. Opko Health Inc. (NYSE: OPK; TASE: OPK) fell 1.23%, Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) fell 1.23% and NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) fell 1.28%.

Mylan N.V. (Nasdaq: MYL; TASE: MYL) rose 1.59% on the day's biggest trading turnover. Israel Corporation (TASE: ILCO) rose 1.83% and Melisron Ltd. (TASE: MLSR) rose 1.36%. Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) rose 2.51% for the biggest rise on the Tel Aviv 35 Index and Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL) rose 1.34%.

Published by Globes [online], Israel business news - www.globes-online.com - on September 6, 2017

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

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