The Tel Aviv Stock Exchange (TASE) fell today. The Tel Aviv 25 Index fell 0.42% to 1,337.92 points, the Tel Aviv 100 Index fell 0.47% to 1,230.30 points, and the BlueTech 50 Index fell 0.08% to 357.51 points. Turnover was NIS 1.07 billion.
The TASE fell today, despite mixed sessions on European markets and gains at the opening on Wall Street.
In the foreign currency market, the Bank of Israel set the shekel-dollar representative exchange rate at NIS 3.4892/$, up 0.03% on yesterday's rate, and set the shekel-euro representative exchange rate at NIS 4.769/€, up 0.04%, after intervening in the market.
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 0.11%.
In the stock market, Israel Chemicals Ltd. (TASE: ICL) rose 1.6%, for the biggest gain among Tel Aviv 25 shares on the day's biggest turnover of NIS 90.5 million, and Perrigo Company (NYSE:PRGO; TASE:PRGO) fell 3% for the biggest loss. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 1.6%.
Bank Leumi (TASE: LUMI) fell 0.8% and Bank Hapoalim (TASE: POLI) fell 0.6%. First International Bank of Israel (TASE: FTIN) bucked the sector with a 0.5% gain, after announcing a dividend.
Published by Globes [online], Israel business news - www.globes-online.com - on January 14, 2014
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