The Tel Aviv Stock Exchange (TASE) fell today. The Tel Aviv 25 Index fell 0.65% to 1,320.08 points, the Tel Aviv 100 Index fell 0.25% to 1,189.20 points, while the BlueTech 50 Index rose 0.43% to 325.07 points. Turnover was NIS 1.12 billion.
The TASE fell today, 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 3.511, up 0.11% on yesterday's rate, and the shekel-euro representative exchange rate at NIS 4.833/€, down 0.03%.
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 0.12%.
In the stock market, Opko Health Inc. (NYSE: OPK; TASE: OPK) fell a further 8.1%. The share rose 1% yesterday but lost 23% in the three trading days before that.
The banks gave up some of yesterday's gains with Bank Leumi (TASE: LUMI) down 0.93% on the day largest trading turnover and Bank Hapoalim (TASE: POLI) down 1%.
Delek Group Ltd. (TASE: DLEKG) bucked the market rising 1.4% for the biggest gain of any Tel Aviv 25 Index share while NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) rose 1.3%.
Food company Strauss Group Ltd. (TASE:STRS) lost 1% following a dispute with Texas Pacific Group (TPC) its partner in the Strauss Coffee enterprise, while fellow food manufacturer Osem Investments Ltd. (controlled by Nestl? SA (SWX:NESN)) (TASE: OSEM) fell 1.5%.
IDB Holding Corp. Ltd. (TASE:IDBH) rose 11.6% after the Tel Aviv District Court accepted the creditors settlement with the Elsztain-Ben-Moshe Group.
Published by Globes [online], Israel business news - www.globes-online.com - on December 17, 2013
© Copyright of Globes Publisher Itonut (1983) Ltd. 2013