Sun: Banks push TASE higher

The banks and Delek led the gains today but NICE Systems and Ormat declined.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 1.18%, to 1,907.42 points; the Tel Aviv 125 Index rose 1.14%, to 1,936.37 points; and the BlueTech Global Index rose 0.89% to 376.25 points. The All Bond corporate bond index fell 0.32% to 368.38 points. Turnover totaled NIS 846 million in equities and NIS 1.32 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.579% on Friday, at NIS 3.477/$, and the representative shekel-euro rate was set 0.573% higher at NIS 3.597/€.

Bank Hapoalim (TASE: POLI) led the market today, rising 2.30% on the day's biggest trading turnover. Bank Leumi (TASE:LUMI) rose 2.53%, Mizrahi Tefahot Bank rose 3.14%, and Israel Discount Bank (TASE: DSCT) rose 2.42%. Delek Group Ltd. (TASE:DLEKG) rose 3.71% for the biggest rise on the Tel Aviv 35 index today. Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) rose 0.69% and ICL (TASE: ICL: NYSE: ICL) rose 0.82%.

Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) fell 1.75% for the biggest fall on the Tel Aviv 35 Index today and NICE-Systems Ltd. (Nasdaq: NICE; TASE:NICE) fell 1.21%.

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

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

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