Wed: Shufersal boosts TASE

Shufersal rose strongly on its Q1 results while Cellcom and partner led the declines.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.05% to 1,512.44 points; the Tel Aviv 125 Index rose 0.28% to 1,364.31 points; and the BlueTech Global Index rose 0.74% to 367.55 points. The TelBond 20 corporate bond index rose 0.03% to 343.51 points. Trading turnover was NIS 1.30 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate down 0.473% from yesterday's exchange rate at NIS 3.577/$ and set the shekel-euro rate up 0.219% at 4.162/€.

On the market, Shufersal Ltd. (TASE:SAE) rose 5.13% for the biggest rise on the Tel Aviv 35 index following its first quarter results. Opko Health Inc. (NYSE: OPK; TASE: OPK) rose 3.63% and Isramco Ltd. (Nasdaq: ISRL; TASE: ISRA.L) rose 2.58%. The Phoenix Holdings Ltd. (TASE: PHOE1;PHOE5) rose 1.98%, Melisron Ltd. (TASE: MLSR) rose 1.93% and Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) rose 1.52%. Frutarom Industries Ltd. (TASE: FRUT; LSE:FRUT; OTCBB:FRUTF) rose 0.72% on the day's biggest trading turnover.

Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL) fell 4.36% for the biggest fall on the Tel Aviv 35 index and Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) fell 3.63%. Sodastream International Ltd. (Nasdaq: SODA; TASE: SODA) fell 1.91% and NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) fell 2.24%. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 0.32%.

Published by Globes [online], Israel business news - www.globes-online.com - on May 30, 2018

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

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