19 July 12 17:14–The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 2.08% to 1,079.46 points, the Tel Aviv 100 Index rose 1.71% to 983.62 points, and the BlueTech 50 Index rose 7.30% to 343.23 points. Turnover was NIS 1.96 billion.
The TASE rose today, in line with gains on European markets and at the opening on Wall Street. The Tel Aviv 25 Index rose 1.1% for the week, after falling 1.5% last week.
In the bond market, both long-term Shahar unlinked government bonds fell by up to 0.1%, and long-term Galil CPI-linked bonds ranged between losses of 0.2% and gains of 0.2%. The corporate bond benchmark Tel-Bond 20 Index rose 39%.
In the foreign currency market, the Bank of Israel set the shekel-dollar representative exchange rate at NIS 4.035/$, up 0.67% on yesterday’s rate, and set the shekel-euro representative exchange rate at NIS 4.964/€, up 1.19%.
In the stock market, Mellanox Technologies Ltd. (Nasdaq:MLNX; TASE:MLNX) rose 47.5%, on the day’s biggest turnover of NIS 418 million over a fifth of the total turnover, single handedly lifting the TASE, after publishing excellent second quarter financials. EZchip Semiconductor Ltd. (Nasdaq: EZCH; TASE:EZCH) rose 5.7%.
Tel 100 high-tech shares Ceragon Networks Ltd. (Nasdaq: CRNT; TASE:CRNT) and Allot Communications Ltd. (Nasdaq:ALLT; TASE: ALLT) rose 8.6% and 6.3%, respectively…Read More>>