Tue: Strong gains on TASE as Gaza talks progress

ICL and Teva led the gains today as Nova fell on profit taking.

The Tel Aviv Stock Exchange rose strongly today. The Tel Aviv 35 Index rose 1.67% to 2,534.02 points; the Tel Aviv 125 Index rose 1.50% to 2,609.69 points; and the BlueTech Global Index rose 1.21% to 494.46 points. The All Bond corporate bond index rose 0.04% to 400.47 points. Turnover totaled NIS 2.98 billion in equities and NIS 5.05 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.084% from Monday, at NIS 3.557/$, and the representative shekel-euro rate was set 0.231% lower at NIS 3.719/€.

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA led the market today, rising 2.22% on the day's biggest trading turnover. ICL (TASE: ICL: NYSE: ICL) rose 5.43% and parent company Israel Corp. (TASE: ILCO) rose 7.22% for the biggest rise on the Tel Aviv 35 Index today. Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) rose 2.91%.

Bank Leumi (TASE: LUMI) rose 1.56% and Mizrahi Tefahot Bank rose 1.53%. Bank Hapoalim (TASE: POLI) rose 1.81% and Israel Discount Bank (TASE: DSCT) rose 2.23%.

Camtek (Nasdaq: CAMT; TASE: CAMT) fell 0.23% and Nova Ltd. (Nasdaq:NVMI; TASE:NVMI) fell 0.53% for the biggest fall on the Tel Aviv 35 Index today, on profit taking.

Outside of the Tel Aviv 35 Index El Al Israel Airlines Ltd. (TASE:ELAL) rose 5.19%.

Published by Globes, Israel business news - en.globes.co.il - on February 18, 2025.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2025.

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