Sun: ICL leads strong TASE gains

ICL and parent company Israel Corp. rose strongly today but Energix fell back.

The Tel Aviv Stock Exchange rose strongly today. The Tel Aviv 35 Index rose 2.35%, to 2,007.23 points; the Tel Aviv 125 Index rose 2.28%, to 2,080.08 points; and the BlueTech Global Index rose 2.79% to 486.82 points. The All Bond corporate bond index rose 0.27% to 386.60 points. Turnover totaled NIS 1.17 billion in equities and NIS 1.61 billion in bonds.

On the foreign exchange market, the shekel is strengthening in futures contracts and is 0.6% lower at $3.244 and the shekel-euro rate is 0.07% lower at NIS 3.585/€.

Bank Leumi (TASE:LUMI) led the market, rising 1.35% on the day's biggest trading turnover. Bank Hapoalim (TASE: POLI) rose 0.84%, Israel Discount Bank (TASE: DSCT) rose 2.01% and Mizrahi Tefahot Bank (TASE:MZTF) rose 1%.

ICL (TASE: ICL: NYSE: ICL) rose 7.33% and parent company Israel Corp. (TASE: ICLO) rose 9.93% for the biggest rise on the Tel Aviv 35 Index today. LivePerson (Nasdaq: LPSN; TASE: LPSN) rose 8.54% Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) rose 3.51% and Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) rose 1.36%.

Energix Renewable Energies fell 2% for the biggest fall on the Tel Aviv 35 Index today and Bezeq Israel Telecommunications Company Ltd. (TASE:BZEQ) fell 0.44%.

Published by Globes, Israel business news - en.globes.co.il - on March 20, 2022.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.

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