Wed: TASE enjoys rare good day

Teva and the banks led today's strong gains but Phoenix lost ground.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.94%, to 1,806.91 points; the Tel Aviv 125 Index rose 0.84%, to 1,828.66 points; and the BlueTech Global Index rose 0.74% to 351.94 points. The All Bond corporate bond index rose 0.01% to 366.08 points. Turnover totaled NIS 1.55 billion in equities and NIS 3.50 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.231% from Tuesday, at NIS 3.477/$, and the representative shekel-euro rate was set 0.539% higher at NIS 3.695/€.

Bank Hapoalim (TASE: POLI) led the market today, rising 2.40% on the day's biggest trading turnover. Bank Leumi (TASE:LUMI) rose 1.90%, Israel Discount Bank (TASE: DSCT) rose 1.32% and Mizrahi Tefahot Bank rose 1.69%.

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 3.1.7% and Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) rose 1.24%, after reporting a Romanian deal worth up to $400 million. Shapir Engineering and Industry (TASE: SPEN) rose 3.34% for the biggest rise on the Tel Aviv 35 Index today.

Energix Renewable Energies (TASE: ENRG) fell 2.11% for the biggest fall on the Tel Aviv 35 Index today. Israel Phoenix Assurance Ltd. (TASE:PHOE1; PHOE5) fell 1.1%, and NICE-Systems Ltd. (Nasdaq: NICE; TASE:NICE) fell 0.63%.

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

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

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