Thu: TASE ends week sharply lower

The banks and ICL led the TASE down today as NICE Systems bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 1.72%, to 1,941.70 points; the Tel Aviv 125 Index fell 1.59% to 1,975.62 points; and the BlueTech Global Index fell 0.29% to 431.67 points. The All Bond corporate bond index fell 0.04% to 379.00 points. Turnover totaled NIS 2.48 billion in equities and NIS 4.08 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate down 0.429% from Wednesday, at NIS 3.716/$, and the representative shekel-euro rate was set 0.291% higher at NIS 4.035/€.

Bank Leumi (TASE:LUMI) led the market today, falling 2.72% on the day's biggest trading turnover. Bank Hapoalim (TASE: POLI) fell 3.01%, and Israel Discount Bank (TASE: DSCT) fell 3.51% and Mizrahi Tefahot Bank (TASE: MZTF) fell 3.06%

Ashtrom Group (TASE: ASHG) fell 4.34% for the biggest fall on the Tel Aviv 35 Index today. Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) fell 1.70%, ICL (TASE: ICL: NYSE: ICL) fell 2.21% and Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 0.73%.

Only three shares rose on the Tel Aviv 35 Index today. Nova Measuring Instruments Ltd. (Nasdaq:NVMI; TASE:NVMI) rose 0.05%, NICE Systems Ltd. (Nasdaq: NICE; TASE:NICE) rose 0.28% and Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) rose 0.75% for the biggest rise on the Tel Aviv 35 Index today.

Published by Globes, Israel business news - en.globes.co.il - on April 4, 2024.

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

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