The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 0.42% to 1,190.10 points, the Tel Aviv 100 Index rose 0.82% to 1,090.82 points, and the BlueTech 50 Index rose 0.66% to 323.37 points. Turnover was NIS 1.09 billion.
The TASE rose today, in line with gains on European markets. Wall Street was closed for Labor Day.
The Bank of Israel intervened in the foreign currency market, buying more than $200 million. It set the shekel-dollar representative exchange rate at NIS 3.616/$, up 0.06% on Friday's rate, and set the shekel-euro representative exchange rate at NIS 4.78/€, down 0.07%.
In the bond market, 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.x%.
In the stock market, Israel Chemicals Ltd. (TASE: ICL) fell 1.4%, after announcing an agreement for a joint phosphates mining and production venture in Vietnam. Parent company Israel Corporation (TASE: ILCO) fell 1.6% for the biggest loss among Tel Aviv 25 shares.
Bank Leumi (TASE: LUMI) rose 0.5% on the day's biggest turnover of NIS 71.8 million, and Bank Hapoalim (TASE: POLI) rose 0.9%.
Gazit-Globe Ltd. (NYSE: GZT; TASE: GZT) rose 1.9% for the biggest gain among Tel Aviv 25 shares.
Elsewhere in the market, Alvarion Ltd. (Nasdaq: ALVR; TASE: ALVR) rose 7.4% after the Tel Aviv District Court allowed a new auction for the company, which is in receivership.
Published by Globes [online], Israel business news - www.globes-online.com - on September 2, 2013
© Copyright of Globes Publisher Itonut (1983) Ltd. 2013