The Tel Aviv Stock Exchange (TASE) fell today. The Tel Aviv 25 Index fell 0.50% to 1,237.67 points, the Tel Aviv 100 Index fell 0.65% to 1,100.04 points, and the BlueTech 50 Index fell 0.14% to 304.65 points. Turnover was NIS 1.14 billion.
The TASE fell again today, despite gains on European markets and at the opening on Wall Street. Tel Aviv 25 options expired today with a drop of 0.3%. The Tel Aviv 25 Index fell 0.1% for the short trading week, due to Passover. The TASE will reopen on Tuesday after the Passover holiday. The Tel Aviv 25 Index rose 1.3% in March and is up 4.4% since the beginning of the year.
In the foreign currency market, the Bank of Israel set the shekel-dollar representative exchange rate at NIS 3.648/$, up 0.30% compared with yesterday's representative rate, and set the shekel-euro representative exchange rate at NIS 4.661/€, down 0.08%.
In the bond market, long-term Shahar unlinked shekel government bonds were unchanged and long term Galil CPI-linked government ranged between losses of 0.1% and gains of 0.1%. The corporate bond benchmark Tel-Bond 20 Index rose 0.02%.
In the stock market, Delek Group Ltd. (TASE: DLEKG) and Oil Refineries Ltd. (TASE:ORL) corrected downwards 2.1% and 2%, respectively, for the biggest losses among Tel Aviv 25 shares. Delek Group subsidiary Delek Energy Systems Ltd. (TASE: DLEN) fell 7.4%.
Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell another 1.1% on the day's biggest turnover of 117 million.
Mellanox Technologies Ltd. (Nasdaq:MLNX; TASE:MLNX) rose 5.8%, for the biggest gain among Tel Aviv 25 shares, while EZchip Semiconductor Ltd. (Nasdaq: EZCH; TASE:EZCH) also corrected upwards 0.8%.
Elsewhere in the market, DS Apex Holdings Ltd. (TASE:DSAP) rose 10.2% without any announcement, and Mazor Robotics Ltd. (TASE:MZOR) rose 11.5%, after rising 8.5% yesterday, after sales in Taiwan and Texas.
Azorim Investment, Development and Construction Ltd. (TASE: AZRM) rose 5.2% after selling its stake in Netanya's Ir Hayamim Mall to Harel Insurance Investments and Financial Services Ltd. (TASE: HARL), which fell 2%.
Published by Globes [online], Israel business news - www.globes-online.com - on March 28, 2013
© Copyright of Globes Publisher Itonut (1983) Ltd. 2013