Sun: Elbit Systems leads market gains

The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 0.67% to 1,247.42 points, the Tel Aviv 100 Index rose 0.70% to 1,111.85 points, and the BlueTech 50 Index rose 0.06% to 308.97 points. Turnover was NIS 652.7 million.

The TASE rose today, in line with European markets and Wall Street on Friday.

In the foreign currency market, options pointed to a 0.45% fall in the shekel-dollar exchange rate, compared with Friday's representative rate, to NIS 3.65/$, and to a 0.04% gain in the shekel-euro exchange rate to NIS 4.741/�.

In the bond market, both long-term Shahar unlinked shekel government bonds rose by up to 0.1% and long term Galil CPI-linked government bonds rose by up to 0.5%. The corporate bond benchmark Tel-Bond 20 Index rose 0.21%.

In the stock market, the rises in the Tel Aviv 25 Index were led by Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT), which rose 2.9%, while Israel Chemicals (TASE: CHIM) fell 0.4% on the day's highest trading turnover.

Delek Group Ltd. (TASE: DLEKG) rose 1.85 after reporting 2012 profits of NIS 446 million.

The Banking Index rose 1.6% with Bank Leumi (TASE: LUMI) up 1% and Mizrahi Tefahot Bank (TASE:MZTF) up 2.1%.

Published by Globes [online], Israel business news - www.globes-online.com - on March 24, 2013

Sun: Elbit Systems leads market gains

Elbit Systems rose 2.9% for the highest gain on the Tel Aviv 25. The market will be closed until Wednesday for the Passover holiday.