The Tel Aviv Stock Exchange (TASE) fell today. The Tel Aviv 25 Index fell 2.38% to 1,156.19 points, the Tel Aviv 100 Index fell 2.02% to 1,060.23 points, and the BlueTech 50 Index fell 1.14% to 316.48 points. Turnover was NIS 1.56 billion.
The TASE fell sharply today, amid war scares in Syria, in line with losses 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 3.657/$, up 1.5% on yesterday's rate, and set the shekel-euro exchange rate at NIS 4.881/€, up 1.3%.
In the bond market, both long-term Shahar unlinked shekel government bonds and long term Galil CPI-linked government fell. The corporate bond benchmark Tel-Bond 20 Index fell 0.52%.
In the stock market, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 1.5% and Oil Refineries Ltd. (TASE:ORL) rose 1%, after publishing its financials, the only Tel Aviv 25 shares to buck the market.
Gazit-Globe Ltd. (NYSE: GZT; TASE: GZT) fell 3.3%, after publishing its financials, and its real estate peer on the index, Azrieli Group Ltd. (TASE: AZRG), fell 3.6%. Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) and Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) led the losses, falling 6.8% and 6.4%, respectively.
Israel Chemicals Ltd. (TASE: ICL) fell 3.3% on the day's biggest turnover of NIS 81.7 million.
On the Tel Aviv 100 Index, Africa-Israel Investments Ltd. (TASE:AFIL) and Harel Insurance Investments and Financial Services Ltd. (TASE: HARL) fell 2.4% and 5.1%, respectively, after publishing their financials.
Published by Globes [online], Israel business news - www.globes-online.com - on August 27, 2013
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