Wed: Big banks, Bezeq boost market

Leumi led the market with strong rises and Bezeq soared but Teva and Ormat slipped.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.87%, to 1,585.75 points; the Tel Aviv 125 Index rose 0.92%, to 1,641.77 points; and the BlueTech Global Index rose 1.06%, to 564.96 points. The TelBond 20 corporate bond index rose 0.22%, to 370.10 points. Turnover totaled NIS 2.11 billion in equities and NIS 4.03 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate 0.791% lower from Tuesday, at NIS 3.134/$, and the representative shekel-euro rate was set 0.716% lower, at NIS 3.813/€.

On the market, Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) rose 9.69% for the biggest rise on the Tel Aviv 35 Index today. Bank Leumi (TASE: LUMI) rose 3.06% on the day's biggest trading turnover. Bank Hapoalim (TASE: POLI) rose 1.46%, Israel Discount Bank (TASE: DSCT) rose 3.08% and Mizrahi Tefahot Bank (TASE:MZTF) rose 2.75%. ICL (TASE: ICL: NYSE: ICL) rose 3.34% and Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) rose 0.54%.

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 2.70%. Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) fell 1.79%, Energean Oil & Gas plc (LSE: ENOG; TASE:ENOG) fell 2.71% for the biggest fall on the Tel Aviv 35 Index today, and NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) fell 1.36%. Airport City Ltd. (TASE:ARPT) fell 1.65% and Strauss Group Ltd. (TASE:STRS) fell 2.19%.

Published by Globes, Israel business news - - on January 13, 2021

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