The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 0.2% to 1307.44 points, the Tel Aviv 100 Index rose 0.2% to 1208 points, and the Tel-Tech Index fell 0.35% to 246.81 points. Turnover was NIS 1.21 billion.
Isramco Ltd. (Nasdaq: ISRL; TASE: ISRA.L) units rose 3.8%.
Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA; TASE: TEVA) rose 2.9%, despite an FDA letter at the end of last week, which did not authorize a lower volume version of Copaxone.
Energy exploration shares were steady ahead of results expected within days of drilling tests at Leviathan. Delek Drilling LP (TASE: DEDR.L) rose 0.2%, and Avner Oil and Gas LP (TASE: AVNR.L) was unchanged. The parent company of both those two units, Delek Group Ltd. (TASE: DLEKG), rose 1.2%. Ratio Oil Exploration (1992) LP (TASE:RATI.L) fell 4%.
Excellence Investments Ltd. (TASE: EXCE) today raised its target price on Paz Oil Company Ltd. (TASE:PZOL), and reiterated an "Outperform" rating. Paz shares rose 1%.
The corporate bond benchmark Tel-Bond 60 Index fell 0.5%. Long-term Shahar unlinked bonds fell by up to 0.1% and long-term Galil CPI-linked bonds fell by up to 0.5%.
Published by Globes [online], Israel business news - www.globes-online.com - on December 26, 2010
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