The Tel Aviv Stock Exchange (TASE) fell today. The Tel Aviv 25 Index fell 0.51% to 1,342.09 points, the Tel Aviv 100 Index fell 0.57% to 1,237.05 points, and the TechBlue 50 Index fell 0.58% to 361.78 points. Turnover was NIS 689 million.
The TASE fell today, despite with gains on European markets and a mixed session on Wall Street on Friday.
In the foreign currency market, options pointed to no change in the shekel-dollar exchange rate, compared with Friday's representative rate, at NIS 3.488/$, but to a 0.33% drop in the shekel-euro exchange rate to NIS 4.729/€.
In the bond market, long-term Shahar unlinked shekel government bonds and long term Galil CPI-linked government bonds were mixed. The corporate bond benchmark Tel-Bond 20 Index rose 0.07%.
In the stock market, Leviathan partners Delek Group Ltd. (TASE: DLEKG) fell 2.6%, for the biggest loss among Tel Aviv 25 shares, and its energy exploration units Avner Oil and Gas LP (TASE: AVNR.L) and Delek Drilling LP (TASE: DEDR.L) fell 0.7% and 1.2%, respectively, despite on reports that they had approached potential Turkish customers. Their partner, Ratio Oil Exploration (1992) LP (TASE:RATI.L), fell 1.2%.
Israel Corporation (TASE: ILCO) fell 1.9% and subsidiary Israel Chemicals Ltd. (TASE: ICL) fell 1.1% on the day's biggest turnover of NIS 40.3 million.
Strauss Group Ltd. (TASE:STRS) bucked the market with a gain of 1.2%.
Mid-cap real estate companies Mishorim Development Ltd. (TASE:MSHR) rose 1.8%, after announcing that its Canadian subsidiary, Skyline Inc., had obtained building permits for a project, and Aspen Group Ltd. (TASE:ASGR) was unchanged after buying a Stuttgart office building.
Published by Globes [online], Israel business news - www.globes-online.com - on January 19, 2014
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