13 August 12 17:22–The Tel Aviv Stock Exchange (TASE) fell today. The Tel Aviv 25 Index fell 1.54% to 1,083.86 points, the Tel Aviv 100 Index fell 1.60% to 972.04 points, and the TechBlue 50 Index fell 0.93% to 333.67 points. Turnover was NIS 961.5 million.
The TASE fell hard across the board today, despite a mixed session in European markets and at the opening on Wall Street, amid new talk of a possible strike on Iran.
In the foreign currency market, the Bank of Israel set the shekel-dollar representative exchange rate at NIS 4.041/$, up 0.92% on Friday’s rate, and set the shekel-euro representative exchange rate at NIS 4.992/€, up 1.56%.
In the bond market, long-term Shahar government bonds fell by up 0.2%, and long term Galil CPI-linked bonds fell by up to 0.7%. The corporate bond benchmark Tel-Bond 20 Index fell 0.64%.
In the stock market, Oil Refineries Ltd. (TASE:ORL) fell 10.1%, after swinging to a loss for the second quarter, for the biggest drop among Tel Aviv 25 shares.
Three Tel Aviv 25 shares bucked the market: Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) by 1.3%, on the day’s biggest turnover of NIS 73 million; NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) by 1.1%; and Perrigo Company (Nasdaq:PRGO; TASE:PRGO) by 0.7%…Read More>>