Mon: Hostage deal reports boost TASE

The banks led the gains today while NICE Systems and ICL lost ground.

The Tel Aviv Stock Exchange rose today on reports that Israel and Hamas are nearing a hostage release deal. The Tel Aviv 35 Index rose 1.13%, to 2,019.41 points; the Tel Aviv 125 Index rose 0.92% to 2,004.28 points; but the BlueTech Global Index fell 1.29% to 427.72 points. The All Bond corporate bond index rose 0.36% to 378.07 points. Turnover totaled NIS 3.25 billion in equities and NIS 4.75 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate down 1.533% from Friday, at NIS 3.661/$, and the representative shekel-euro rate was set 1.381% lower at NIS 3.969/€.

Bank Hapoalim (TASE: POLI) led the market today, rising 2.35% on the day's biggest trading turnover. Bank Leumi (TASE:LUMI) rose 3.45% and Israel Discount Bank (TASE: DSCT) rose 3.85% for the biggest rise on the Tel Aviv 35 Index today. Mizrahi Tefahot Bank rose 2.89% and First International Bank of Israel (TASE:FTIN1; FTIN5) rose 3.01%. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 1.05%.

NICE Systems Ltd. (Nasdaq: NICE; TASE:NICE) fell 1.51%, Nova Ltd. (Nasdaq:NVMI; TASE:NVMI) fell 0.91% and ICL (TASE: ICL: NYSE: ICL) fell 2.36% for the biggest fall on the Tel Aviv 35 Index today.

Outside of the Tel Aviv 35 Index, El Al Israel Airlines Ltd. (TASE:ELAL) fell 7.56% and NextVision Stabilized Systems (TASE: NXSN) fell 6.14%.

Published by Globes, Israel business news - - on June 3, 2024.

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

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