Tue: TASE higher but Elbit falls sharply

Elbit Systems, ICL and Delek fell sharply today as Phoenix rose on strong results.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.30%, to 2,036.25 points; the Tel Aviv 125 Index rose 0.39%, to 2,113.95 points; but the BlueTech Global Index fell 0.11% to 484.62 points. The All Bond corporate bond index fell 0.05% to 380.44 points. Turnover totaled NIS 2.62 billion in equities and NIS 5.70 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate down 0.155% from Monday, at NIS 3.217/$, and the representative shekel-euro rate was set 0.359% higher at NIS 3.553/€.

On the market, Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) fell 8.33% for the biggest fall on the Tel Aviv 35 Index, after reporting its 2021 results and ICL (TASE: ICL: NYSE: ICL) fell 3.95%.

Israel Discount Bank (TASE: DSCT) led the market, rising 0.97% on the day's biggest trading turnover.

Bank Leumi (TASE:LUMI) rose 2.31% and Mizrahi Tefahot Bank (TASE:MZTF) rose 1.94%. NICE-Systems Ltd. (Nasdaq: NICE; TASE:NICE) rose 0.91% and Bezeq Israel Telecommunications Company Ltd. (TASE:BZEQ) rose 2.67%. Mivne Real Estate (TASE: MVNE) rose 3.73% for the biggest rise on the Tel Aviv 35 Index and Israel Phoenix Assurance Ltd. (TASE:PHOE1; PHOE5) rose 3.30% after reporting strong 2021 results.

Outside of the Tel Aviv 35 Index, RADA Electronic Industries Ltd. (Nasdaq: RADA; TASE: RADA) fell 9.96%, and Delek Group Ltd. (TASE:DLEKG) fell 5.60%, as oil prices fell on world markets.

Published by Globes, Israel business news - en.globes.co.il - on March 29, 2022.

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

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018