The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 0.33% to 1,368.30 points, the Tel Aviv 100 Index rose 0.22% to 1,221.21 points, and the BlueTech 50 Index rose 0.60% to 328.02 points. Turnover was NIS 1.26 billion.
The TASE snapped its losing streak today, despite 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 3.524/$, up 0.06% on yesterday's rate, and set the shekel-euro representative exchange rate at NIS 4.79/€, up 0.8%.
In the bond market, long-term Shahar unlinked shekel government and long term Galil CPI-linked government fell. The corporate bond benchmark Tel-Bond 20 Index fell 0.14%
In the stock market, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 0.5%, on the day's biggest turnover of NIS 83.7 million, after holding a webinar on its NTE program. Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) rose 3.8%, for the biggest gain among Tel Aviv 25 shares.
Among the telcos, Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) rose 0.5%, after Scailex Corporation (TASE: SCIX; Pink Sheets:SCIXF) sold a block of shares in the company. Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL) fell 0.1%, and Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) rose 1.1%.
Bank Hapoalim (TASE: POLI) rose 0.5% after announcing that it was in talks to acquired Israel Discount Bank of New York from Israel Discount Bank (TASE: DSCT), which rose 0.9%.
Delek Group Ltd. (TASE: DLEKG) fell 1.3% and subsidiary Delek Drilling LP (TASE: DEDR.L) fell 1.4%, for the biggest losses among Tel Aviv 25 shares.
Published by Globes [online], Israel business news - www.globes-online.com - on December 5, 2013
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