6 September 12 17:06–The Tel Aviv Stock Exchange (TASE) fell today. The Tel Aviv 25 Index fell 0.10% to 1,112.57 points, the Tel Aviv 100 Index fell 0.12% to 989.36 points, and the BlueTech 50 Index fell 0.58% to 342.52 points. Turnover was NIS 661.5 million.

The TASE indices fell today, despite gains in European markets and at the opening on Wall Street. The Tel Aviv 25 Index fell 0.7% for the week. “The market is stuck. Those who wanted to sell for their own reasons have already done so, and those who can hold on to as much as they can continue to do so. The Tel Aviv 25 Index has been trapped in a narrow band since last August, and has since fallen,” said Axioma Investment House CEO Yair Alek today.

In the bond market, long-term Shahar unlinked shekel government bonds fell by up to 0.3%, and long-term Galil CPI-linked government bonds fell by up to 0.4%. The corporate bond benchmark Tel-Bond 20 Index fell 0.31%.

In the foreign currency market, the Bank of Israel set the shekel-dollar representative exchange rate at NIS 4.025/$, down 0.10% on yesterday’s rate, and set the shekel-euro representative exchange rate at NIS 5.086/€, up 0.18%.

In the stock market, Tamar and Leviathan partners Avner Oil and Gas LP (TASE: AVNR.L) and Delek Drilling LP (TASE: DEDR.L) fell 1.3% and 1.2%, respectively, while their parent company Delek Group Ltd. (TASE: DLEKG) fell 2%. Their Tamar partner Isramco Ltd. (Nasdaq: ISRL; TASE: ISRA.L) was unchanged after a acquiring 10% of the Shimshon license…Read More>>

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