Market report / Mellanox spoils the party
TA-25 index of blue chips ends day at 1,196.34 points, a drop of 0.7%, while TA-100 loses 0.6% to end at 1,063.98.
Mellanox Technologies took away the punch bowl just as the market was celebrating Tuesday’s election results, turning in a disappointing forecast for its first-quarter earnings and sinking 14%. The benchmark TA-25 index of blue chips ended the day at 1,196.34 points, a drop of 0.7% while the TA-100 lost 0.6% to end at 1,063.98. Turnover was an unusually heavy NIS 2.24 billion thanks to the expiration of the...
Like us on Facebook and get articles directly in your news feed