The Tel Aviv Stock Exchange (TASE) fell today. The Tel Aviv 25 Index fell 0.22% to 1,324.17 points, the Tel Aviv 100 Index fell 0.14% to 1,218.16 points, and the BlueTech 50 Index fell 0.43% to 350.08 points. Turnover was NIS 1.4 billion.
The TASE fell today, in line with losses in European markets.
In the bond market, long-term Shahar unlinked shekel government bonds and long term Galil CPI-linked government bonds fell. The corporate bond benchmark Tel-Bond 20 Index rose 0.05%.
In the stock market, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 0.4%, on the day's biggest turnover of NIS 81.6 million, after announcing the appointment of Erez Vigodman as CEO.
Delek Group Ltd. (TASE: DLEKG) and Israel Chemicals Ltd. (TASE: ICL) rose 1.1% and 1.3%, respectively, for the biggest rises among Tel Aviv 25 shares.
Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) fell 2.9%, for the biggest loss among Tel Aviv 25 shares. Barclays Capital reiterated its "Outperform" recommendation for the share, saying that it is a winning share for the long term. Mobile carrier Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL) fell 1.1% and its peer, Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR), was unchanged.
Migdal Insurance and Financial Holdings Ltd. (TASE: MGDL) fell 1.1%, after a general strike was declared at the company.
Elsewhere in the market, IDB Holding Corp. Ltd. (TASE:IDBH) fell another 12%.
Nova Measuring Instruments Ltd. (Nasdaq:NVMI; TASE:NVMI) rose 4.3%, after announcing $20 million in orders.
Published by Globes [online], Israel business news - www.globes-online.com - on January 9, 2014
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