Tue: Energy stocks lead TASE losses

Delek Group and Energean fell heavily today as Elbit Systems and NICE Systems bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.67%, to 1,829.03 points; the Tel Aviv 125 Index fell 1.01%, to 1,887.49 points; and the BlueTech Global Index fell 0.55% to 410.28 points. The All Bond corporate bond index rose 0.13% to 376.17 points. Turnover totaled NIS 1.55 billion in equities and NIS 3.23 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.658% today from Monday, at NIS 3.519$, and the representative shekel-euro rate was set 0.872% lower at NIS 3.625/€.

ICL (TASE: ICL: NYSE: ICL) led the market, losing 1%, on the day's biggest trading turnover. Shikun & Binui Holdings Ltd. (TASE: SKBN) fell 3.18% for the biggest fall on the Tel Aviv 35 Index today. Energix Renewable Energies (TASE: ENRG) fell 2.55% and Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) fell 2.43%.

Bank Leumi (TASE:LUMI) fell 1.61%, Bank Hapoalim (TASE: POLI) fell 0.69%, Mizrahi Tefahot Bank fell 0.26% and Israel Discount Bank (TASE: DSCT) fell 1.71%.

Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) rose 2.44% for the biggest rise on the Tel Aviv 35 Index today and NICE-Systems Ltd. (Nasdaq: NICE; TASE:NICE) rose 1.89%.

Outside of the Tel Aviv 35 Index, energy stocks Delek Group Ltd. (TASE:DLEKG) fell 7.14% and Energean plc (LSE: ENOG; TASE: ENOG) fell 6.58%.

Published by Globes, Israel business news - en.globes.co.il - on July 5, 2022.

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

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