Wed: Delek fuels TASE rally

Delek, ICL and the banks led the gains today but Teva and NICE Systems lost ground.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 1.34%, to 2,067.23 points; the Tel Aviv 125 Index rose 1.31%, to 2,116.16 points; and the BlueTech Global Index rose 0.47% to 426.60 points. The All Bond corporate bond index fell 0.37% to 373.88 points. Turnover totaled NIS 1.99 billion in equities and NIS 2.57 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate down 0.091% today from Tuesday, at NIS 3.254/$, and the representative shekel-euro rate was set 0.092% lower at NIS 3.254/€.

On the market, ICL (TASE: ICL: NYSE: ICL) rose 2.63% and Delek Group Ltd. (TASE:DLEKG) rose 2.41% on the day's biggest trading turnover, after reporting strong second quarter results. Bezeq Israel Telecommunications Company Ltd. (TASE:BZEQ) rose 1.35% and Ashtrom Group (TASE: ASHG) rose 4.48% for the biggest rise on the Tel Aviv 35 Index today.

Bank Leumi (TASE:LUMI) rose 0.86%, and Bank Hapoalim (TASE: POLI) rose 0.77%. Israel Discount Bank (TASE: DSCT) rose 1.82%, Mizrahi Tefahot Bank rose 2.26% and First International Bank of Israel (TASE:FTIN1; FTIN5) rose 1.85%.

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 1.28% for the biggest fall on the Tel Aviv 35 Index and NICE-Systems Ltd. (Nasdaq: NICE; TASE:NICE) fell 0.79%.

Outside of the Tel Aviv 35 Index, Fattal Holdings (1998) Ltd (TASE: FTAL) rose 4.48% after reporting strong second quarter results, with its hotels recording occupancy levels higher than before the Covid pandemic.

Published by Globes, Israel business news - en.globes.co.il - on August 24, 2022.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.

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