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(From Israel Business Arena)
Byline: Yaron Friedman
The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 index closed up 0.93% at 564.93 points, the Tel Aviv 100 index rose 0.87% to 602.46 points, and the Tel-Tech 15 index rose 0.94% to 420.30 points. Turnover totaled NIS 583 million.
One day of profit taking was enough for the TASE, which resumed its winning ways today. With Wall Street closed for US Independence Day, the TASE was free of Uncle Sam's shadow, while European exchanges posted negligible gains by noon, easily outdone by the TASE.
Teva nearing FDA approval for rasagiline
Teva, the queen of the TASE, got a shot in the arm in the late afternoon. The company …