Mon: Teva bucks bearish TASE

Tower and the big banks led the losses today but Opko and Teva bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.57% to 1,644.32 points; the Tel Aviv 125 Index fell 0.60% to 1,480.69 points; and the BlueTech Global Index fell 1.18% to 380.55 points. The TelBond 20 corporate bond index fell 0.03% to 345.84 points. Trading turnover was NIS 1.29 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate down 0.190% at NIS 3.676/$ from Friday's rate and set the shekel-euro rate down 0.786% at 4.143/€.

On the market, Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) fell 4.18% for the biggest fall on the Tel Aviv 35 Index. Bank Leumi (TASE: LUMI) fell 1.50% on the day's biggest trading turnover, Bank Hapoalim (TASE: POLI) fell 1.55% and Israel Discount Bank (TASE: DSCT) fell 1.33%. Melisron Ltd. (TASE: MLSR) fell 2.58%.

Opko Health Inc. (NYSE: OPK; TASE: OPK) rose 5.92% for the biggest rise on the Tel Aviv 35 Index, clawing back about half of yesterday's losses. Perrigo Company (NYSE:PRGO; TASE:PRGO) rose 0.68% and Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 0.99%. Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) rose 0.97%.

Published by Globes, Israel business news - en.globes.co.il - on November 12, 2018

© Copyright of Globes Publisher Itonut (1983) Ltd. 2018

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