Wed: TASE edges higher despite escalation concerns

The banks and Nova led the market higher today while Delek and Energean led the declines.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.21%, to 2.002.35 points, the Tel Aviv 125 Index rose 0.28% to 1,997.20 points; but the BlueTech Global Index fell 0.37% to 404.68 points. The All Bond corporate bond index rose 0.15% to 383.50 points. Turnover totaled NIS 1.50 billion in equities and NIS 4.82 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.748% from Tuesday, at NIS 3.773/$, and the representative shekel-euro rate was set 0.688% higher at NIS 4.199/€.

Bank Leumi (TASE: LUMI) led the market today, rising 1.30% on the day's biggest trading turnover. Bank Hapoalim (TASE: POLI) rose 1.94%, Mizrahi Tefahot Bank rose 0.89% and Israel Discount Bank (TASE: DSCT) rose 1.04%.

Delek Group Ltd. (TASE:DLEKG) rose 2.32% for the biggest rise on the Tel Aviv 35 Index today and Nova Ltd. (Nasdaq:NVMI; TASE:NVMI) rose 1.98%.

Camtek (Nasdaq: CAMT; TASE: CAMT) fell 3.48% for the biggest fall on the Tel Aviv 35 Index today. NICE Systems Ltd. (Nasdaq: NICE; TASE:NICE) fell 0.90%, Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) fell 1.21% and Energean plc (LSE: ENOG; TASE: ENOG) fell 3.22%.

Outside of the Tel Aviv 35 Index, Menora Mivtachim Holdings Ltd. (TASE: MMHD) rose 3.72% and El Al Israel Airlines Ltd. (TASE:ELAL) rose 3.82%.

Published by Globes, Israel business news - en.globes.co.il - on September 18, 2024.

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

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