Tue: TASE rally gains momentum

Elbit, Bezeq, and Leumi led the market higher today but LivePerson led the declines.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 1.89%, to 1,473.91 points; the Tel Aviv 125 Index rose 1.13%, to 1,527.75 points; and the BlueTech Global Index rose 0.30%, to 507.76 points. The TelBond 20 corporate bond index rose 0.13%, to 364.83 points. Turnover totaled NIS 2.23 billion in equities and NIS 3.37 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate 0.060% higher from Monday, at NIS 3.341/$, and the representative shekel-euro rate was set 0.194% lower, at NIS 3.966/€.

On the market, Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) rose 5.93% for the biggest rise on the Tel Aviv 35 Index after publishing its third quarter results. Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) rose 5.87%, Melisron Ltd. (TASE: MLSR) rose 5.48% and Azrieli Group Ltd. (TASE: AZRG) rose 2.05%. ICL (TASE: ICL: NYSE: ICL) rose 3.60%, Amot Investments Ltd. (TASE:AMOT) rose 2.72% and NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) rose 0.47%.

Bank Leumi (TASE: LUMI) rose 3.22% on the day's biggest trading turnover. Bank Hapoalim (TASE: POLI) rose 2.38% and Mizrahi Tefahot Bank (TASE:MZTF) rose 1.24%.

LivePerson Inc. (Nasdaq: LPSN); TASE: LPSN) fell 3.51% for the biggest fall on the Tel Aviv 35 Index today and Matrix IT Ltd. (TASE:MTRX) fell 2.75%.

Published by Globes, Israel business news - en.globes.co.il - on November 24, 2020

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

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