The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 0.46% to 1,207.71 points, the Tel Aviv 100 Index rose 0.44% to 1,088.01 points, and the BlueTech 50 Index rose 0.25% to 305.18 points. Turnover was NIS 1.11 billion.
The TASE rose today, in line with gains on European markets and at the opening on Wall Street.
In the foreign currency market, the Bank of Israel set the shekel-dollar representative exchange rate at NIS 3.661/$, up 0.44% on Friday's rate, and set the shekel-euro representative exchange rate at NIS 4.704/€, up 0.15%.
In the bond market, long-term Shahar unlinked shekel government bonds and long term Galil CPI-linked government bonds fell. The corporate bond benchmark Tel-Bond 20 Index fell 0.04%.
In the stock market, mobile carriers Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) and Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL) led the Tel Aviv 25 Index with gains of 2.7% and 3.1%, respectively. Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) rose 1.4%.
Paz Oil Company Ltd. (TASE:PZOL) fell 1.2%, on the day's biggest turnover of NIS 187 million, after controlling shareholder Zadik Bino and his partners sold a block of shares in the company. Its peer on the index, Oil Refineries Ltd. (TASE:ORL) fell 1.8%, for the biggest loss among Tel Aviv 25 shares.
Published by Globes [online], Israel business news - www.globes-online.com - on July 8, 2013
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