The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 0.29% to 1,319.40 points, the Tel Aviv 100 Index rose 0.32% to 1,198.57 points, and the BlueTech 50 Index rose 0.28% to 336.36 points. Turnover was NIS 1.338 billion.
The TASE rose 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 3.478/$, down 0.401% on Friday's rate, and the shekel-euro representative exchange rate at NIS 4.788/€, down 0.61%.
In the bond market, long-term Shahar unlinked shekel government bonds and long term Galil CPI-linked government bonds rose. The corporate bond benchmark Tel-Bond 20 Index rose 0.29%.
In the stock market, Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) rose by 2.85% for the largest rise on the Tel Aviv 25 Index closely followed by Delek Group Ltd. (TASE: DLEKG), which rose 2.73%.
Perrigo Company (NYSE:PRGO; TASE:PRGO) rose 0.21% on the day's largest trading turnover.
Babylon Ltd. (TASE:BBYL) rose 3.72% on reports that it is developing its own search engine, while Fox-Weizel Ltd. (TASE: FOX) rose 6.2% after confirming it is in advanced talks to sell a stake to Apax Partners.
Can-Fite BioPharma Ltd. (TASE:CFBI; Bulletin Board: CANFY) fell 18% after its subsidiary OphthaliX Inc. (Bulletin Board: OPLI) reported a failed clinical trial.
Published by Globes [online], Israel business news - www.globes-online.com - on December 30, 2013
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