Tue: Security uncertainties push TASE down

Tower and Delek led the declines today as Nova and Ormat bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.55%, to 2,008.26 points; the Tel Aviv 125 Index fell 0.50% to 1,994.21 points; and the BlueTech Global Index fell 0.89% to 423.93 points. The All Bond corporate bond index fell 0.01% to 378.02 points. Turnover totaled NIS 1.69 billion in equities and NIS 4.71 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.738% from Monday, at NIS 3.688/$, and the representative shekel-euro rate was set 0.962% higher at NIS 4.007/€.

Bank Leumi (TASE:LUMI) led the market today, falling 0.41% on the day's biggest trading turnover and Bank Hapoalim (TASE: POLI) fell 0.89%.

NICE Systems Ltd. (Nasdaq: NICE; TASE:NICE) fell 1.77% and Delek Group Ltd. (TASE:DLEKG) fell 2.57%. Electra Ltd. (TASE: ELTR) fell 2.74% for the biggest fall on the Tel Aviv 35 Index today. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 0.95% and Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) fell 2.66%.

Nova Ltd. (Nasdaq:NVMI; TASE:NVMI) rose 1.26% for the biggest rise on the Tel Aviv 35 Index today. Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) rose 0.79% and Fattal Holdings (1998) Ltd., newly promoted to the Tel Aviv 35 Index, rose 1.06%.

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

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

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