Sun: TASE rises for fifth straight session

NICE Systems led the market higher as Tower tumbled.

The Tel Aviv Stock Exchange rose today for the fifth straight session. The Tel Aviv 35 Index rose 0.50% to 1,491.82 points; the Tel Aviv 125 Index rose 0.37% to 1,351.35 points; and the BlueTech Global Index rose 0.05% to 360.09 points. The TelBond 20 corporate bond index fell 0.11% to 345.18 points. Trading turnover was NIS 647.6 million.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate up 0.114% at NIS 3.523/$ on Friday and set the shekel-euro rate up 0.039% at 4.350/€.

On the market, NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) rose 3.52% for the biggest rise on the Tel Aviv 35 Index today. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 1.53% and Opko Health Inc. (NYSE: OPK; TASE: OPK) rose 2.31%. Bank Hapoalim (TASE: POLI) rose 1.35% and Bank Leumi (TASE: LUMI) rose 1.07% on the day's biggest trading turnover.

Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) fell 6.26% for the biggest fall on the Tel Aviv 35 Index today. Mazor Robotics Ltd. (TASE:MZOR) fell 2.23% and Frutarom Industries Ltd. (TASE: FRUT; LSE:FRUT; OTCBB:FRUTF) fell 1.89%.

Published by Globes [online], Israel business news - www.globes-online.com - on April 22, 2018

© Copyright of Globes Publisher Itonut (1983) Ltd. 2018

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