The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 0.68% to 1,344.34 points, the Tel Aviv 100 Index rose 0.67% to 1,213.43 points, and the BlueTech 50 Index rose 0.22% to 324.04 points. Turnover was NIS 1.03 billion.
The TASE rose today, in line with gains at the opening on Wall Street and despite losses on European markets. The Tel Aviv 25 Index set an all-time high, passing the previous closing level of 1,341.89 points set on April 21, 2011. In late afternoon, the Tel Aviv 25 Index surpassed the previous intraday peak of 1,345 points, before slipping back.
In the foreign currency market, the Bank of Israel set the shekel-dollar representative exchange rate at NIS 3.544/$, up 0.63% on yesterday's rate, and shekel-euro representative exchange rate at NIS 4.796/€, up 0.88%.
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 0.05%.
In the stock market, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 5.8% for the biggest gain among Tel Aviv 25 shares, and on the day's biggest turnover of NIS 148.7 million.
Gazit-Globe Ltd. (NYSE: GZT; TASE: GZT; TSX: GZT) fell 1.4% and Paz Oil Company Ltd. (TASE:PZOL) rose 0.3%, after they published their financials for the third quarter.
Migdal Insurance and Financial Holdings Ltd. (TASE: MGDL) rose 0.6%, after announcing a new CEO, and Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) rose 1.4%, after announcing a new chairman.
Oil Refineries Ltd. (TASE:ORL) and Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) both fell 1.8%, for the biggest losses among Tel Aviv 25 shares.
Elsewhere in the market, Evogene Ltd. (TASE:EVGN; Pink Sheets: EVENF) fell 0.9%, after updating its prospectus for an offering on the New York Stock Exchange, and Ceragon Networks Ltd. (Nasdaq: CRNT; TASE:CRNT) fell 11.7%, after announcing plans for a secondary offering on Nasdaq.
Mazor Robotics Ltd. (Nasdaq: MZOR; TASE:MZOR) rose 2%, following positive recommendations.
Published by Globes [online], Israel business news - www.globes-online.com - on November 20, 2013
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