Wed: Teva jumps, lifting TASE

Teva and the banks boosted the market today but energy stocks fell sharply.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.36%, to 1,794.69 points; the Tel Aviv 125 Index rose 0.21%, to 1,815.76 points; and the BlueTech Global Index rose 0.69% to 362.81 points. The All Bond corporate bond index rose 0.04% to 365.42 points. Turnover totaled NIS 1.56 billion in equities and NIS 6.25 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate down 0.142% from Tuesday, at NIS 3.527/$, and the representative shekel-euro rate was set 0.594% higher at NIS 3.741/€.

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 5.33% today for the biggest rise on the Tel Aviv 35 Index and Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) rose 0.51%.

Bank Hapoalim (TASE: POLI) rose 2.11% on the day's biggest trading turnover. Bank Leumi (TASE:LUMI) rose 2.47%, Mizrahi Tefahot Bank rose 1.77%, Israel Discount Bank (TASE: DSCT) rose 1.54% and First International Bank of Israel (TASE:FTIN1; FTIN5) rose 1.82%.

Delek Group Ltd. (TASE:DLEKG) fell 3.66% and its eastern Mediterranean energy exploration and production unit NewMed Energy (TASE: NWME) fell 4.05%. Energean plc (LSE: ENOG; TASE: ENOG) fell 4.06% for the biggest fall on the Tel Aviv 35 Index today. ICL (TASE: ICL: NYSE: ICL) fell 2.17% and NICE-Systems Ltd. (Nasdaq: NICE; TASE:NICE) fell 1.42%.

Published by Globes, Israel business news - en.globes.co.il - on January 4, 2023.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2023.

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