5 July 12 17:16–The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 0.42% to 1,083.42 points, the Tel Aviv 100 Index rose 0.26% to 990.99 points, and the BlueTech 50 Index rose 0.17% to 346.06 points. Turnover was NIS 738 million.
The TASE rose today, despite a mixed day in European markets and losses at the opening on Wall Street. Both the European Central Bank and the People’s Bank of China today cut their interest rates, and while the Bank of England decided to keep its interest rate unchanged, it announced a £50 billion capital injection into the economy
The Tel Aviv 25 Index rose 2% for the week.
In the bond market, long-term Shahar unlinked government bonds rose by up to 0.6% and long-term Galil CPI-linked bonds rose by up to 0.5%. The corporate bond benchmark Tel-Bond 20 Index rose 0.05%.
In the foreign currency market, the Bank of Israel set the shekel-dollar representative exchange rate at NIS 3.9136/$, down 0.13% from yesterday’s rate, and set the shekel-euro representative exchange rate at NIS 4.897/€, down 0.54%…Read More>>