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Globes: Sun: Food cos boost TASE

Published on Jun 10 2012 // Business and Financial News, Market

10 June 12 17:21–The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 0.48% to 1,094.66 points, the Tel Aviv 100 Index rose 0.45% to 1,006.58 points, and the BlueTech 50 Index rose 0.58% to 336.27 points. Turnover was NIS 646.2 million.

The TASE rose for its fourth straight session today, despite losses on European markets, but in line with gains on Wall Street, on Friday.

In the bond market, long-term Shahar shekel bonds were unchanged and long term CPI-linked bonds ranged between losses of 0.2% and gains of 0.3%. The corporate bond benchmark Tel-Bond 20 Index rose 0.19%.

In the foreign currency market, options pointed to a 0.40% drop in the shekel-dollar exchange rate, compared with Friday’s representative rate, to NIS 3.866/$, but a 0.25% gain in the shekel-euro exchange rate to NIS 4.847/€…Read More>>

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