Mon: ICL leads TASE slide

ICL and the banks fell sharply today as Elbit Systems bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 1.62%, to 1,702.56 points; the Tel Aviv 125 Index fell 1.10% to 1,722.41 points; and the BlueTech Global Index fell 0.52% to 333.79 points. The All Bond corporate bond index rose 0.10% to 366.56 points. Turnover totaled NIS 2.06 billion in equities and NIS 4.35 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate down 2.783% from Friday, at NIS 3.877/$, and the representative shekel-euro rate was set 1.758% lower at NIS 4.168/€.

ICL (TASE: ICL: NYSE: ICL) led the market today, falling 4.90% on the day's biggest trading turnover for the largest fall on the Tel Aviv 35 Index today, while parent company Israel Corp. (TASE: ILCO) fell 3.52%. Delek Group Ltd. (TASE:DLEKG) fell 1.53%.

Bank Leumi (TASE:LUMI) fell 3.72% and Bank Hapoalim (TASE: POLI) fell 3.11%. Israel Discount Bank (TASE: DSCT) fell 3.31%, Mizrahi Tefahot Bank fell 2.51% and First International Bank of Israel (TASE:FTIN1; FTIN5) fell 1.74%.

Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) rose 2.70% and Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 0.52%. Shapir Engineering and Industries (TASE: SPEN) rose 2.75% for the biggest rise on the Tel Aviv 35 Index today.

Published by Globes, Israel business news - en.globes.co.il - on November 6, 2023.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2023.

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