Makhteshim Agan fell ahead of Wednesday's financials, while Perrigo rose on the assumption that it will report good results on Thursday.
9 August 10 17:34, Aviv Levy
The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 0.50% to 1,164.96 points, the Tel Aviv 100 Index rose 0.39% to 1,074.35 points, but the Tel-Tech Index fell 0.60% to 227.72 points. Turnover was NIS 1.72 billion.
After a weak start, the TASE rose today, with the exception of technology stocks. Futures on Wall Street pointed to gains at the opening, which materialized.
In the bond market, long-term Shahar shekel bonds fell by up to 0.1%, and long-term Galil CPI-linked bonds ranged between losses of 0.1% and gains of 0.1%. The corporate bond benchmark index Tel-Bond 20 Index fell 0.17%.
In the foreign currency market, the shekel-dollar representative exchange rate rose 0.37% to NIS 3.775/$, and the shekel-euro representative exchange rate rose 0.30% to NIS 4.98/€.
In the stock market, Tamar partners led the Tel Aviv 25 Index up, with Isramco Ltd. (Nasdaq: ISRL; TASE: ISRA.L) rising 4.3%, and its partners, Delek Group Ltd. (TASE: DLEKG) subsidiaries Avner Oil and Gas LP (TASE: AVNR.L) and Delek Drilling LP (TASE: DEDR.L) rising 2.4% and 2.7%, respectively. Yesterday, these shares were among the biggest losers on the index.
Delek's Leviathan partner Ratio Oil Exploration (1992) LP (TASE:RATI.L) had the biggest turnover for the fifth consecutive session, rising 3.7% on a turnover of NIS 136 million.
Makhteshim Agan Industries Ltd. (TASE: MAIN) fell 2.6%, after rising 3.8% yesterday, ahead of the publication of its second quarter financials on Wednesday.
Perrigo Company (Nasdaq:PRGO; TASE:PRGO) rose 0.6%, ahead of the publication of its fourth fiscal quarter and full-year financials on Thursday. IBI Investment House Ltd. predicts that the company's financials will be good and will conclude a great year. Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA; TASE: TEVA) was unchanged after Psagot Investment House Ltd. cut its target price for the share.
Bank Leumi (TASE: LUMI) and Bank Hapoalim (TASE: POLI) rose 0.1% in lively trading, on reports that Supervisor of Banks Rony Hizkiyahu is leaning toward allowing financial institutions to increase their holdings in banks.
Delek Real Estate Ltd. (TASE: DLKR) rose another 2.5% to complete a three-day gain of 26.9%.
In the life sciences, Ilex Medical Ltd. (TASE:ILX) fell 0.1% after announcing that it will set aside up to NIS 200 million for acquisitions, and Biocancell Therapeutics Ltd. (TASE:BICL) fell 1.2% after attaching a going concern warning to its financials and announcing that it was considering a Nasdaq offering.
Spacecom Satellite Communications Ltd. (TASE:SCC) fell 6.1% after announcing that fuel on its interim Amos 5i communications satellite will run out before the Amos 5 satellite is launched.
