Mon: Bank Hapoalim leads TASE down

Hapoalim fell despite strong Q2 results as Elbit and Bezeq bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.68%, to 1,703 points; the Tel Aviv 125 Index fell 0.81%, to 1,758.41 points; and the BlueTech Global Index fell 1.89% to 540.88 points. The All Bond corporate bond index rose 0.12% to 389.32 points. Turnover totaled NIS 1.55 billion in equities and NIS 2.98 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate down 0.248% from Friday, at NIS 3.215/$, and the representative shekel-euro rate was set 0.103% higher, at NIS 3.787/€.

Bank Hapoalim (TASE: POLI) led the market falling 1.35% on the day's biggest trading turnover, despite reporting strong second quarter results. Bank Leumi (TASE:LUMI) rose 0.45%. Mizrahi Tefahot Bank (TASE:MZTF) fell 0.10% and Israel Discount Bank (TASE: DSCT) rose 0.61%.

Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT rose 1.37% for the biggest rise on the Tel Aviv 35 Index today. Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) rose 1.17%, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 0.28% and Azrieli Group Ltd. (TASE: AZRG) rose 1.01%.

ICL (TASE: ICL: NYSE: ICL) fell 2.53% and parent company Israel Corp. (TASE: ICLO) fell 3.99% for the biggest fall on the Tel Aviv 35 Index today. NICE Systems Ltd. (Nasdaq: NICE; TASE:NICE) fell 0.44%.

Published by Globes, Israel business news - en.globes.co.il - on August 16, 2021

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