1 August 12 17:13–The Tel Aviv Stock Exchange (TASE) was mixed today. The Tel Aviv 25 Index rose 0.07% to 1,106.56 points, the Tel Aviv 100 Index fell 0.04% to 996.30 points, and the BlueTech 50 Index fell 1.86% to 347.89 points. Turnover was NIS 761.6 million.

Despite falling yesterday, the market rose 4.6% in July and began August today flat. The market has risen 1.9% since the beginning of the year.

In the bond market, long-term Shahar unlinked government bonds rose by up to 0.1% and long-term Galil CPI-linked fell by up to 0.1% The corporate bond benchmark Tel-Bond 20 Index rose 0.02%.

In the foreign currency market, the Bank of Israel set the shekel-dollar representative exchange rate at NIS 3.97/$, down 0.68% on yesterday’s rate and set the shekel-euro representative exchange rate at NIS 4.89/€, down 0.33%.
In the stock market, NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) was the focus of attention after lowering its guidance for the remainder of 2012. The share price fell 10.8% on the day’s highest trading turnover of NIS 65 million, pulling the BlueTech 50 down nearly 2%. DS Brokerage said that the “weakness of the share recently was justified” and lowered their recommendation to “Market Perform” with a target price of $39.

In the telecom market, Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL), which has taken a hammering over the past month, jumped 5.6%, the largest rise on the Tel Aviv 25 Index. Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) rose 1.7%, and Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) rose 1.4% as the Communications Index rose 1.9%…Read More>>

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