Sun: TASE rally strengthens

Teva and Azrieli Group rose strongly today but NICE Systems and Tower lost ground.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 1.25%, to 1,938.56 points; the Tel Aviv 125 Index rose 1.25% to 1,969.78 points; and the BlueTech Global Index rose 0.40% to 409.37 points. The All Bond corporate bond index rose 0.08% to 378.69 points. Turnover totaled NIS 779.60 million in equities and NIS 1.41 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate down 0.165% on Friday, at NIS 3.636/$, and the representative shekel-euro rate was set 0.483% lower at NIS 3.935/€.

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) led the market today, rising 3.99% on the day's biggest trading turnover. Azrieli Group (TASE: AZRG) rose 3.41% and Ashtrom Group (TASE: ASHG) rose 5.57% for the biggest rise on the Tel Aviv 35 Index today. Shapir Engineering & Industries (TASE: SPEN) rose 4.82%. Israel Phoenix Assurance Ltd. (TASE:PHOE1; PHOE5) rose 4.19% and Harel Insurance Investments and Financial Services Ltd. (TASE: HARL) rose 4.23%.

Bank Leumi (TASE:LUMI) rose 2.03% and Bank Hapoalim (TASE: POLI) rose 1.91%. Israel Discount Bank (TASE: DSCT) rose 2.13% and Mizrahi Tefahot Bank rose 2.25%.

NICE Systems Ltd. (Nasdaq: NICE; TASE:NICE) fell 3.52% and Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) fell 1.29%. Camtek (Nasdaq: CMTK; TASE: CMTK) fell 5.97% for the biggest fall on the Tel Aviv 35 Index today.

Published by Globes, Israel business news - en.globes.co.il - on February 25, 2024.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2024.

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