The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 0.57% to 1,185.11 points, the Tel Aviv 100 Index rose 0.33% to 1,085.23 points, but the BlueTech 50 Index fell 0.13% to 321.26 points. Turnover was NIS 587.5 million.
The TASE rose today, despite losses on European markets and on Wall Street on Friday. This week will be a short trading week with the market closed on Wednesday and Thursday for the Rosh Hashana (New Year) holiday.
In the foreign currency market, options pointed to a 0.50% gain in the shekel-dollar exchange rate, compared with Friday's representative rate, to NIS 3.632/$, and to a 0.45% gain in the shekel-euro exchange rate to NIS 4.805/€.
In the bond market, long-term Shahar unlinked shekel government bonds and long term Galil CPI-linked government bonds rose by up to 0.5%. The corporate bond benchmark Tel-Bond 20 Index rose 0.26%.
In the stock market, Oil Refineries Ltd. (TASE:ORL) rose 5.3% for the biggest gain among Tel Aviv 25 shares, and Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 1.7% for the biggest loss.
Bank Leumi (TASE: LUMI) rose 0.5% on the day's biggest turnover of NIS 36.1 million, but Bank Hapoalim (TASE: POLI) fell 0.7%
Published by Globes [online], Israel business news - www.globes-online.com - on September 1, 2013
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