Thu: TA 35 Index down 0.5% for week

ICL and the banks led the TASE down today but Nova and Bezeq bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.60%, to 1,842.53 points; the Tel Aviv 125 Index fell 0.80%, to 1,899.00 points; and the BlueTech Global Index fell 0.40% to 417.44 points. The All Bond corporate bond index rose 0.13% to 373.14 points. Turnover totaled NIS 1.76 billion in equities and NIS 3.55 billion in bonds.

The Tel Aviv 35 Index decreased this week by 0.5%, bringing year-to-date cumulative losses to 6.9%.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.058% today from Wednesday, at NIS 3.472/$, and the representative shekel-euro rate was set 0.327% lower at NIS 3.479/€.

On the market ICL (TASE: ICL: NYSE: ICL) fell 6.06% for the biggest fall on the Tel Aviv 35 Index today and parent company Israel Corp. (TASE: ILCO) fell 5.72%. Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) fell 2.05%.

Bank Leumi (TASE:LUMI) fell 1.23% on the day's biggest trading turnover. Bank Hapoalim (TASE: POLI) fell 1.09%, Mizrahi Tefahot Bank fell 1.16% and Israel Discount Bank (TASE: DSCT) fell 1.33%.

Nova Measuring Instruments Ltd. (Nasdaq:NVMI; TASE:NVMI) rose by 1.91% for the biggest gain on the Tel Aviv 35 Index today. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 1.04% and Bezeq Israel Telecommunications Company Ltd. (TASE:BZEQ) rose 1.64%.

Outside of the Tel Aviv 35 Index, Israel Shipyards (TASE: ISHI) on news that its bid had not won the Haifa Port privatization tender.

Published by Globes, Israel business news - en.globes.co.il - on July 14, 2022.

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

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