Mon: Banks drag TASE down

The banks and Bezeq led the declines today as Delek bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 1.09%, to 1,741.11 points; the Tel Aviv 125 Index fell 1.01%, to 1,731.17 points; and the BlueTech Global Index fell 0.08% to 339.05 points. The All Bond corporate bond index rose 0.13% to 365.41 points. Turnover totaled NIS 1.57 billion in equities and NIS 2.19 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate down 0.609% from Friday, at NIS 3.593/$, and the representative shekel-euro rate was set 0.725% lower at NIS 3.904/€.

Bank Leumi (TASE:LUMI) led the market today, falling 3.84% on the day's biggest trading turnover. Bank Hapoalim (TASE: POLI) fell 3.46% and Israel Discount Bank (TASE: DSCT) fell 4.23% for the biggest fall on the Tel Aviv 35 Index today. Mizrahi Tefahot Bank fell 3.20% and First International Bank of Israel (TASE:FTIN1; FTIN5) fell 3.31%. Bezeq Israel Telecommunications Company Ltd. (TASE:BZEQ) fell 2.41%.

Energean plc (LSE: ENOG; TASE: ENOG) rose 5.76% for the biggest rise on the Tel Aviv 35 Index today. Delek Group Ltd. (TASE:DLEKG) rose 5.18%, ICL (TASE: ICL: NYSE: ICL) rose 1.07%, and Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) rose 0.45% after announcing winning a new contract.

Published by Globes, Israel business news - en.globes.co.il - on April 3, 2023.

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

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