Mon: TASE down sharply after rate hike

The banks and Delek fell sharply as Bezeq bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 1.61%, to 1,876.84 points; the Tel Aviv 125 Index fell 1.55%, to 1,906.41 points; and the BlueTech Global Index fell 1.25% to 371.55 points. The All Bond corporate bond index rose 0.12% to 368.82 points. Turnover totaled NIS 1.42 billion in equities and NIS 3.73 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate down 0.374% from Friday, at NIS 3.464/$, and the representative shekel-euro rate was set 1.343% lower at NIS 3.545/€.

Bank Hapoalim (TASE: POLI) led the market today, falling 1.73% on the day's biggest trading turnover. Bank Leumi (TASE:LUMI) fell 2.52%, Mizrahi Tefahot Bank fell 0.99%, and Israel Discount Bank (TASE: DSCT) fell 1.81%.

Delek Group Ltd. (TASE:DLEKG) fell 3.24% and Energean plc (LSE: ENOG; TASE: ENOG) fell 4.85%, for the biggest fall on the Tel Aviv 35 index today. ICL (TASE: ICL: NYSE: ICL) fell 2.58% and Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 1.98%.

OPC Energy (TASE: OPCE) rose 2.27% for the biggest rise on the Tel Aviv 35 Index and Bezeq Israel Telecommunications Company Ltd. (TASE:BZEQ) rose 0.90%.

Published by Globes, Israel business news - en.globes.co.il - on November 21, 2022.

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

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018