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Globes: Thu: Tel Aviv 25 down 0.6% on week

Published on Oct 26 2012 // Business and Financial News, Market

25 October 12 17:08–The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 0.60% to 1,209.74 points, the Tel Aviv 100 Index rose 0.75% to 1,073.65 points, and the BlueTech 50 Index rose 0.57% to 325.80 points. Turnover was NIS 2.34 billion.

The TASE rose today, in line with gains on European markets and at the opening on Wall Street. Tel Aviv 25 options for October expired today with a drop of 0.2%. The Tel Aviv 25 Index fell 0.6% for the week.

In the bond market, long-term Shahar unlinked government bonds fell by up to 0.1% and long-term Galil CPI-linked fell by up to 0.2% The corporate bond benchmark Tel-Bond 20 Index fell 0.03%.

In the foreign currency market, the Bank of Israel set the shekel-dollar representative exchange rate at NIS 3.858/$, up 0.08% on yesterday’s rate and set the shekel-euro representative exchange rate at NIS 5.008/€, up 0.28%.

In the stock market, mobile carriers partly corrected upward today. Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) rose 3.3% for the biggest gain among Tel Aviv 25 shares, while Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL) rose 1.3%, but Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) fell another 1.1%. Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) fell 3.3% for the biggest loss among Tel Aviv 25 shares…Read More>>

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