Wed: Banks, Teva lead TASE losses

The banks, Teva and Delek fell today while Elbit and Bezeq bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 1.55%, to 1,921.93 points; the Tel Aviv 125 Index fell 1.42%, to 1,952.79 points; and the BlueTech Global Index fell 1.46% to 378.61 points. The All Bond corporate bond index rose 0.20% to 369.84 points. Turnover totaled NIS 1.61 billion in equities and NIS 4.15 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate down 0.408% from yesterday, at NIS 3.421/$, and the representative shekel-euro rate was set 0.503% lower at NIS 3.562/€.

Bank Hapoalim (TASE: POLI) led the market, falling 1.61% on the day's biggest trading turnover. Bank Leumi (TASE:LUMI) fell 2.20%, Mizrahi Tefahot Bank fell 1.55%, and Israel Discount Bank (TASE: DSCT) fell 3.06%.

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 3.99% and Delek Group Ltd. (TASE:DLEKG) fell 2.55%. Shapir Engineering and Industry (TASE: SPEN) fell 4.56% for the biggest fall on the Tel Aviv 35 Index today.

Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) rose 2.10% for the biggest rise on the Tel Aviv 35 Index today. ICL (TASE: ICL: NYSE: ICL) rose 0.53%, NICE-Systems Ltd. (Nasdaq: NICE; TASE:NICE) rose 0.87%, and Bezeq Israel Telecommunications Company Ltd. (TASE:BZEQ) rose 1.32%.

Published by Globes, Israel business news - en.globes.co.il - on November 16, 2022.

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

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