Tue: Mizrahi Tefahot leads TASE losses

Mizrahi Tefahot fell sharply after reporting its fourth quarter results as NICE bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.54%, to 1,903.45 points; the Tel Aviv 125 Index fell 0.56% to 1,933.72 points; and the BlueTech Global Index fell 0.54% to 405 points. The All Bond corporate bond index fell 0.09% to 379.59 points. Turnover totaled NIS 2.53 billion in equities and NIS 3.93 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 1.136% from Monday, at NIS 3.649/$, and the representative shekel-euro rate was set 1.044% higher at NIS 3.989/€.

Mizrahi Tefahot Bank (TASE: MZTF) led the market today, falling 5.59% on the day's biggest trading turnover, for the biggest fall on the Tel Aviv 35 Index, after reporting its fourth quarter results. Bank Hapoalim (TASE: POLI) fell 0.88%, Bank Leumi (TASE:LUMI) fell 0.68%, and Israel Discount Bank (TASE: DSCT) fell 0.50%.

Elbit Systems Ltd. fell 2.38%, ICL (TASE: ICL: NYSE: ICL) fell 0.70% and Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) fell 3.02%.

Nova Measuring Instruments Ltd. (Nasdaq:NVMI; TASE:NVMI) rose 3.46% for the biggest rise on the Tel Aviv 35 Index today. NICE Systems Ltd. (Nasdaq: NICE; TASE:NICE) rose 3.07% and Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) rose 1.22%.

Published by Globes, Israel business news - en.globes.co.il - on March 12, 2024.

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

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