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Globes: Mon: Delek fuels market rises

Published on Sep 25 2012 // Business and Financial News, Market

24 September 12 16:58–The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 1.61% to 1,166.98 points, the Tel Aviv 100 Index rose 1.44% to 1,041.76 points, and the BlueTech 50 Index rose 0.57% to 344.53 points. Turnover was NIS 1.1 billion.

The TASE rose today strongly across the board despite losses on European markets and at the opening on Wall Street. The TASE will be closed tomorrow and Wednesday for Yom Kippur, and will reopen on Thursday.

In the bond market, long-term Shahar unlinked shekel government bonds were unchanged and long-term Galil CPI-linked government bonds ranged between losses of 0.2% and gains of 0.3%. The benchmark corporate bond Tel-Bond 20 Index rose 0.29%.

In the foreign currency market, the Bank of Israel set the shekel-dollar representative exchange rate at NIS 3.918/$, up 0.78% on yesterday’s rate, and set the shekel-euro representative exchange rate at NIS 5.052/€, down 0.275%.
In the stock market, Delek Group Ltd. (TASE: DLEKG) rose 4.7%, for the biggest gain among Tel Aviv 25 shares, without any announcement by the company. Its oil and gas exploration units, Avner Oil and Gas LP (TASE: AVNR.L) and Delek Drilling LP (TASE: DEDR.L) rose 2.4% and 2.6%, respectively…Read More>>

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