Game: Teva continues to slide – Globes



[ad_1]

The Tel Aviv Stock Exchange has fallen today. The Tel Aviv 35 index fell 0.58% to 1,642.27 points; the Tel Aviv 125 index fell 0.56% to 1,484.82 points; and the BlueTech Global Index fell 0.40% to 395.99 points. The corporate bonds index TelBond 20 rose 0.09% to 349.21 points. The turnover amounted to 1.85 billion NIS in shares and 2.89 billion NIS in bonds.

For the three-week period, from 9 to 27 September, heavily interrupted by Jewish holidays, the Tel Aviv Index 36 rose by 0.5%. The index is up 8.8% since the beginning of the year.

Next week, the Tel Aviv Stock Exchange will be closed again on Sunday and Monday, reopening on Tuesday, October 2nd.

On the foreign exchange market, the representative rate of the shekel dollar was set at 0.56%, at 3.5990 NIS / dollar, and the representative shekel-euro rate was set at 0.07%, at 4.2154 NIS / €. The shekel has weakened since the announcement by the US Federal Reserve of a further rise in interest rates yesterday.

Bank Leumi led trading today and rose 0.13%. Bank Hapoalim increased by 0.53%; Frutarom increased by 0.37%; Teva fell by 4.40%; and Discount Bank fell 1.86%. Commentators have attributed Teva's sharp drop in recent sessions to the emergence of a new drug that will compete with Copaxone, her treatment for multiple sclerosis.

Camtek, which today announced orders valued at $ 4.5 million from a Level 1 OSAT (Assembly and Test of Outsourced Semiconductors) for its latest D & I system. 2D high-speed inspection, increased by 4.85%. Delek Drilling grew by 3.06% and the ratio by 2.07%.

Among the notable bearers of today, besides Teva, Opko Health has fallen by 6.41% and Elbit Systems by 3.41%.

Posted by Globes [online], Israeli Economic News – www.globes-online.com – September 27, 2018

© Copyright Globes Publisher Itonut (1983) Ltd. 2018

[ad_2]
Source link