The Tel Aviv Stock Exchange (TASE) fell today. The Tel Aviv 25 Index fell 1.33% to 1,315.65 points, the Tel Aviv 100 Index fell 1.14% to 1,194.73 points, and the BlueTech 50 Index fell 1.45% to 335.41 points. Turnover was NIS 708.3 million.
The TASE fell today, despite gains on European markets on Friday while Wall Street was flat.
In the foreign currency market, options point to a strengthening of the shekel with a 0.18% drop in the shekel-dollar exchange rate, compared with Friday's representative rate, to NIS 3.486/$, and to a 0.54% drop in the shekel-euro exchange rate NIS 4.791/€.
In the bond market, long-term Shahar unlinked shekel government bonds and long term Galil CPI-linked government bonds fell 0.2% and 0.3% respectively. The corporate bond benchmark Tel-Bond 20 Index fell 0.2%.
In the stock market, Opko Health Inc. (NYSE: OPK; TASE: OPK) led the losses falling 5% after falling in New York on Friday.
Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) fell 2.1%. The Banking Index also fell 2.1% with Bank Leumi (TASE: LUMI) and Bank Hapoalim (TASE: POLI) down 2.4% and 2.2% respectively.
Published by Globes [online], Israel business news - www.globes-online.com - on December 29, 2013
© Copyright of Globes Publisher Itonut (1983) Ltd. 2013