Thu: TA 35 Index jumps but down for week

NICE Systems and the banks led the market higher today but Elbit Systems resumed its slide.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 1.39%, to 1,874.88 points; the Tel Aviv 125 Index rose 1.49%, to 1,912.00 points; and the BlueTech Global Index rose 1.93% to 372.40 points. The All Bond corporate bond index rose 0.29% to 367.95 points. Turnover totaled NIS 3.02 billion in equities and NIS 3.52 billion in bonds. The Tel Aviv 35 Index was down 0.20% for the week and is down 5.2% since the start of 2022.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate down 0.785% from yesterday, at NIS 3.414/$, and the representative shekel-euro rate was set 0.087% higher at NIS 3.567/€.

Bank Leumi (TASE:LUMI) led the market today, rising 1.07% on the day's biggest trading turnover. Bank Hapoalim (TASE: POLI) rose 0.62%, Mizrahi Tefahot Bank rose 1.12%, and Israel Discount Bank (TASE: DSCT) rose 1.25%.

Opko Health Inc. (NYSE: OPK; TASE: OPK rose 6.97% for the biggest rise on the Tel aviv 35 Index today. NICE-Systems Ltd. (Nasdaq: NICE; TASE:NICE) rose 5.50% and ICL (TASE: ICL: NYSE: ICL) rose 1.14%.

Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) fell 3.03% for the biggest fall on the Tel Aviv 35 Index today and Shikun & Binui Holdings Ltd. (TASE: SKBN) fell 1.50%.

Published by Globes, Israel business news - en.globes.co.il - on December 1, 2022.

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

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