Sun: Ormat, big banks boost TASE

The Tel Aviv 35 Index rose strongly today but Elbit Systems and Opko slipped.

The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 35 Index rose 1.33%, to 1,372.26 points; the Tel Aviv 125 Index rose 1.25%, to 1,411.63 points; and the BlueTech Global Index rose 0.36%, to 506.09 points. The TelBond 20 corporate bond index fell 0.27%, to 357.38 points. Turnover totaled NIS 697.1 million in equities and NIS 1.58 billion in bonds.

On the foreign exchange market, the Bank of Israel set the shekel 0.059% lower on Friday at NIS 3.378/$, and the representative shekel-euro rate was set 0.057% lower at NIS 3.998/€.

On the market, Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) rose 4.59% on the day's biggest rise on the Tel Aviv 35 Index. The Phoenix Holdings Ltd. (TASE: PHOE1;PHOE5) rose 3.54%, NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) rose 1.43% and Sapiens International NV (Nasdaq: SPNS; TASE: SPNS) rose 2.96%.

Bank Hapoalim (TASE: POLI) rose 2.72% on the day's biggest trading turnover. Bank Leumi (TASE: LUMI) rose 2.81%, Israel Discount Bank (TASE: DSCT) rose 2.64%, Mizrahi Tefahot Bank (TASE:MZTF) rose 2.18%, and First International Bank of Israel (TASE: FTIN) rose 1.23%.

Opko Health Inc. (NYSE: OPK; TASE: OPK) fell 1.32% and Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) fell 1.82% for the biggest fall on the Tel Aviv 35 Index. LivePerson Inc. (Nasdaq: LPSN); TASE: LPSN) fell 1.46% and Nova Measuring Instruments Ltd. (Nasdaq:NVMI; TASE:NVMI) fell 1.02%.

Published by Globes, Israel business news - en.globes.co.il - on October 25, 2020

© Copyright of Globes Publisher Itonut (1983) Ltd. 2020

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