The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 0.76% to 1,329.39 points, the Tel Aviv 100 Index rose 0.76% to 1,207.69 points, while the BlueTech 50 Index rose 0.74% to 338.85 points. Turnover was NIS 948 million.
The TASE rose today, in line with gains on European markets and at the opening on Wall Street ahead of the New Year Day holiday.
The Tel Aviv 25 Index ended the year 11% up in 2013.
In the foreign currency market, the strengthening of the shekel continued as the Bank of Israel continues to watch from the side. The Bank of Israel set the shekel-dollar representative exchange rate at NIS 3.471, down 0.201% on yesterday's rate, and the shekel-euro representative exchange rate at NIS 4.782/€, down 0.127%.
In the bond market, long-term Shahar unlinked shekel government bonds and long term Galil CPI-linked government rose. The corporate bond benchmark Tel-Bond 20 Index rose 0.17%.
In the stock market, Delek Group Ltd. (TASE: DLEKG) and Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) systems both climbed strongly for the second straight day, rising 3.7% and 2.1% respectively. Delek was boosted by its announcement that it is restructuring its energy holdings.
Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) ended the year by rising 0.22% on the day's largest trading turnover, while Israel Chemicals Ltd. (TASE: ICL) fell 1.16%, and Strauss Group Ltd. (TASE:STRS) fell 1.45% for the largest loss on the Tel Aviv 25 Index.
It was a good day for the banks with Mizrahi Tefahot Bank (TASE:MZTF) up 1.95%, Bank Leumi (TASE: LUMI) up 1.65% and Bank Hapoalim (TASE: POLI) up 1.35%.
Published by Globes [online], Israel business news - www.globes-online.com - on December 31, 2013
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