Perrigo Tumbles on Rating Downgrade

Sliding 6.3% on Sunday, Perrigo pushed TA-25 index 0.5% lower to 1,217.76 points. The broader TA-100 shed 0.6% to 1,079.18 points.

Shares ended lower after getting off to a late start because of Perrigo, whose shares tumbled on Wall Street over the weekend and suffered a stampede of sell orders at the opening of the Tel Aviv Stock Exchange on Sunday.