The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 0.40% to 1,211.72 points, the Tel Aviv 100 Index rose 0.58% to 1,105.49 points, and the BlueTech 50 Index rose 2.01% to 315.17 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 $3.55/$, up 0.14% on yesterday's rate, and set the shekel-euro representative exchange rate at NIS 4.719/€, up 0.13%.
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 0.06%.
In the stock market, Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) rose 3.7%, for the biggest gain among Tel Aviv 25 shares, after publishing its financials. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 0.2% on the day's biggest turnover of NIS 89.5 million.
Banks fell, led by a 1.9% drop by Mizrahi Tefahot Bank (TASE:MZTF), 1% drop by Bank Hapoalim (TASE: POLI), and 0.7% drop by Bank Leumi (TASE: LUMI).
On the Tel Aviv 100 Index, Given Imaging Ltd. (Nasdaq: GIVN; TASE: GIVN) rose 7.1%, after obtaining US Food and Drug Administration (FDA) approval for its new PillCam small bowel capsule. Babylon Ltd. (TASE:BBYL) rose 12.4%, after confirming a "Globes" story that it was in talks to merge with a company. Nova Measuring Instruments Ltd. (Nasdaq:NVMI; TASE:NVMI) rose 1.2% on a new contract in Asia, and Ormat Industries Ltd. (TASE: ORMT) rose 3.1%, after publishing its financials.
Published by Globes [online], Israel business news - www.globes-online.com - on August 13, 2013
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