Tue: Banks lift TASE

The banks rose strongly today while dual listed stocks like ICL and NICE led the declines.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.25%, to 2,098.39 points, the Tel Aviv 125 Index rose 0.10% to 2,092.39 points; but the BlueTech Global Index fell 0.85% to 413.18 points. The All Bond corporate bond index rose 0.07% to 385.71 points. Turnover totaled NIS 1.51 billion in equities and NIS 4.64 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate down 0.37% from Monday, at NIS 3.772/$, and the representative shekel-euro rate was set 0.327% lower at NIS 4.143/€.

Bank Hapoalim (TASE: POLI) led the market today, rising 1.51% on the day's biggest trading turnover. Bank Leumi (TASE: LUMI) rose 1.88%, Israel Discount Bank (TASE: DSCT) rose 1.55%, and Mizrahi Tefahot Bank rose 0.42%.

Nova Ltd. (Nasdaq:NVMI; TASE:NVMI) rose 2.76% for the biggest rise on the Tel Aviv 35 Index today and Bezeq Israel Telecommunications Company Ltd. (TASE:BZEQ rose 1.89%.

ICL (TASE: ICL: NYSE: ICL) fell 2.91% for the biggest fall on the Tel Aviv 35 index today and parent company Israel Corp. (TASE: ILCO) fell 2.58%. NICE Systems Ltd. (Nasdaq: NICE; TASE:NICE) fell 2.38%, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA fell 0.55%, and Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) fell 1.63%.

Outside of the Tel Aviv 35 Index, El Al Israel Airlines Ltd. (TASE:ELAL) rose 3.14%.

Published by Globes, Israel business news - en.globes.co.il - on October 8, 2024.

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

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