The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 0.22% to 1,184.12 points, the Tel Aviv 100 Index rose 0.17% to 1,048.18 points, and the BlueTech 50 Index rose 1.46% to 310.44 points. Turnover was NIS 868.3 million.
The TASE rose today, despite losses on European markets and on Wall Street on Friday.
In the foreign currency market, options pointed to a 0.04% dip in the shekel-dollar exchange rate, compared with Friday's representative rate, to NIS 3.727/$, and a 0.11% drop in the shekel-euro exchange rate to NIS 4.913/€.
In the bond market, long-term Shahar unlinked shekel government bonds rose by up to 0.1%, and long term Galil CPI-linked government ranged between losses of 0.1% and gains of 0.2%. The corporate bond benchmark Tel-Bond 20 Index rose 0.08%.
In the stock market, Oil Refineries Ltd. (TASE:ORL) rose 3.5%, for the biggest gain among Tel Aviv 25 shares. Tamar partners Delek Group Ltd. (TASE: DLEKG) and Isramco Ltd. (Nasdaq: ISRL; TASE: ISRA.L) rose 2.1% and 0.3%, respectively, after announcing the inauguration of the Tamar production platform.
Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 0.3% on the day's biggest turnover of NIS 71.7 million.
Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL) fell 1.2% for the biggest loss among Tel Aviv 25 shares, but its mobile peer on the index, Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR), rose 1.7%.
On the Tel Aviv 100 Index, IDB Holding Corp. Ltd. (TASE:IDBH) unit Property and Building Ltd. (TASE: PTBL) rose 5%, after "Globes" reported on Thursday that it received an offer from Hyundai for the HSBC New York headquarters, the second offer for the property. Africa-Israel Investments Ltd. (TASE:AFIL) rose 1.7%, after announcing that its Russian development arm, AFI Development plc (LSE:AFID) was in talks to buy a project in Moscow.
Also in real estate, Elco Holdings Ltd. (TASE: ELCO) rose 5.6%, and subsidiaries Electra Ltd. (TASE: ELTR) and Electra Real Estate Ltd. (TASE:ELCRE) rose 4.4% and 3.5%, respectively, after selling properties in Saint Petersburg, Russia, and Chicago, Illinois. Electra's partner in the sale, Pangaea Real Estate Ltd. (TASE:PNGD) rose 17%. Mid-Cap Elbit Imaging Ltd. (Nasdaq: EMITF; TASE: EMIT) fell 9.4%, and its bonds fell by up to 7%, after a downgrade by Standard & Poor's Maalot Ltd.
Harel Insurance Investments and Financial Services Ltd. (TASE: HARL) rose 1.9%, boosting the Insurance Index 0.7%.
Published by Globes [online], Israel business news - www.globes-online.com - on December 30, 2012
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