The Tel Aviv Stock Exchange (TASE) was mixed today on very thin trading. The Tel Aviv 25 Index edged down 0.11% to 1,227.94 points, the Tel Aviv 100 Index rose 0.03% to 1,110.84 points, and the BlueTech 50 Index rose 0.25% to 309.42 points. Turnover was NIS 356.6 million.
In the foreign currency market, options pointed to a 0.01% rise in the shekel-dollar exchange rate, compared with Friday's representative rate, to NIS 3.578/$, and the shekel-euro exchange rate rose 0.03% to NIS 4.755/€.
In the bond market, long-term Shahar unlinked shekel government bonds rose by up to 0.3% and long term Galil CPI-linked government bonds rose by up to 0.3%. The corporate bond benchmark Tel-Bond 20 Index rose 0.16%.
In the stock market, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 1.8% for the biggest loss on the Tel Aviv 25 Index on the day's biggest turnover of NIS 38 million following a US appeal court ruling which will allow generic Copaxone by next May. The other drug company on the Tel Aviv 25 Index, Perrigo Company (NYSE:PRGO; TASE:PRGO) rose 3.2% for the largest rise on the Tel Aviv 25 Index.
Oil Refineries Ltd. (TASE:ORL) fell 0.6% after raising NIS 400 million in debt last week while parent company Israel Corporation (TASE: ILCO) fell 0.8%. Israel Chemicals Ltd. (TASE: ICL) fell by just 0.1%.
NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) fell 1.2% while Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) rose 1.56%, Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL) rose 0.4% but Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) fell back 0.85%.
Published by Globes [online], Israel business news - www.globes-online.com - on July 28, 2013
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