Globes: Thu: Tel Aviv 25 up 7% in October
27 September 12 17:13–The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 1.91% to 1,189.25 points, the Tel Aviv 100 Index rose 1.23% to 1,054.58 points, BUT the BlueTech 50 Index fell 1.91% to 337.593 points. Turnover was NIS 2.33 billion.
The TASE rose strongly today, outperforming gains on European markets and at the opening on Wall Street. The Tel Aviv 25 Index rose 4.5% on the short week, and rose 7% in October. Tel Aviv 25 options for September expired today with a gain of 0.44% on a turnover of NIS 950 million.
The TASE will be closed on Sunday and Monday for the Sukkot holiday, reopening on Tuesday.
In the bond market, long-term Shahar unlinked government bonds rose by up to 0.6% and long-term Galil CPI-linked government bonds rose by up to 0.4%. The corporate bond benchmark Tel-Bond 20 Index rose 0.21%.
In the foreign currency market, the Bank of Israel set the shekel-dollar representative exchange rate at NIS 3.925/$, up 0.19% on Monday’s rate, and set the shekel-euro representative exchange rate at NIS 5.053/€, up 0.04%.
In the stock market, Strauss Group Ltd. (TASE:STRS) rose 7.6% for the biggest gain among Tel Aviv 25 shares, and its food peer on the index, Osem Investments Ltd. (TASE: OSEM), rose 5.7%, after announcing price hikes for its products.
Mellanox Technologies Ltd. (Nasdaq:MLNX; TASE:MLNX) fell 4.8% for the biggest loss among Tel Aviv 25 shares, on the day’s biggest turnover of NIS 205.4 million…Read More>>
