Teva slipped but Perrigo, Cellcom and Partner bucked

the market.

         The Tel Aviv Stock Exchange (TASE) fell today. The Tel Aviv 25 Index fell 0.11% to 1,396.47 points, the Tel Aviv 100 Index fell 0.11% to 1,255.48 points, and the BlueTech 50 Index fell 0.16% to 315.91 points. Turnover was NIS 975.2 million.

The TASE fell slightly while there were slight rises on European markets and the opening on Wall Street. However, the market holds firm despite the ongoing Gaza operation and the cancellation of flights by most foreign airlines.

In the foreign currency market, the Bank of Israel set the shekel-dollar representative exchange rate at NIS 3.411/$, down 0.205% on yesterday’s rate, and set the shekel-euro representative exchange rate at NIS 4.594/€, down 0.328%.

In the bond market, both long-term Shahar unlinked shekel government bonds and long term Galil CPI-linked government bonds rose. The corporate bond benchmark Tel-Bond 20 Index rose 0.28%.

In the stock market, most Tel Aviv 25 shares fell but Perrigo Company (NYSE:PRGO; TASE:PRGO) bucked the market and was up 1.51% for the largest rise on the Tel Aviv 25 Index.

Mobile operators Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL) and Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) rose 1.15% and 0.5% respectively but Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) was down 1.64% for the largest fall on the Tel Aviv 25 Index.

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 0.21% on the day’s largest trading turnover and Azrieli Group Ltd. (TASE: AZRG) fell 1.41%. NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) rose 0.65%.