The Tel Aviv Stock Exchange (TASE) fell today. The Tel Aviv 25 Index fell 0.36% to 1,223.55 points, the Tel Aviv 100 Index fell 0.29% to 1,107.60 points, but the BlueTech 50 Index rose 0.63% to 311.36 points. Turnover was NIS 873.4 million.
The leading TASE indices fell today, in line with losses at the opening on Wall Street, and despite a mixed session on European markets.
In the foreign currency market, the Bank of Israel set the shekel-dollar representative exchange rate at NIS 3.594/$, up 0.48% compared with yesterday's rate, and set the shekel-euro representative exchange rate at NIS 4.774/€, up 0.39%.
In the bond market, long-term Shahar unlinked shekel government bonds and and long term Galil CPI-linked government rose. The corporate bond benchmark Tel-Bond 20 Index rose 0.04%.
In the stock market, Perrigo Company (NYSE:PRGO; TASE:PRGO) fell 4.4%, for the biggest loss among Tel Aviv 25 shares, on the day's biggest turnover of NIS 80.1 million, after announcing the acquisition of Ireland's Elan Corporation plc (NYSE; LSE; Dublin: ELN) for $8.6 billion.
Israel Chemicals Ltd. (TASE: ICL) bucked the market, with a gain of 1.8%.
On the Tel Aviv 100 Index, Babylon Ltd. (TASE:BBYL) rose 6%, and mid-cap Scope Metal Trading and Technical Services Ltd. (TASE: SCOP) rose 7.4% for after publishing their financials.
Published by Globes [online], Israel business news - www.globes-online.com - on July 29, 2013
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