Mon: Ormat, Gilat buck the market

Although the leading TASE indices were down today, Ormat and Gilat both continued to rise strongly.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.34%, to 1,612.83 points; the Tel Aviv 125 Index fell 0.12%, to 1,669.80 points; but the BlueTech Global Index rose 2.42%, to 668.51 points. The TelBond 20 corporate bond index fell 0.09%, to 370.70 points. Turnover totaled NIS 1.94 billion in equities and NIS 4.67 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate 0.122% lower from Friday, at NIS 3.282/$, and the representative shekel-euro rate was set 0.310% lower, at NIS 3.949/€.

Bank Leumi (TASE: LUMI) led the market today, falling 2.44% on the day's biggest trading turnover. Bank Hapoalim (TASE: POLI) fell 2.18%, Israel Discount Bank (TASE: DSCT) fell 1.27% and Mizrahi Tefahot Bank (TASE:MZTF) fell 1.39%. Ashtrom Properties Ltd. (TASE:ASPR), one of two newcomers on the Tel Aviv 35 Index, fell 2.80% for today's biggest fall on the index, and Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) fell 0.80%.

Ormat Technologies Inc. (NYSE: ORA; TASE: ORA rose 4.04% for the biggest rise on the Tel Aviv 35 Index. Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) rose 0.90% and

Opko Health Inc. (NYSE: OPK; TASE: OPK) rosew 2.75%.

Outside the Tel Aviv 35 Index, Gilat Satellite Networks Ltd. (Nasdaq: GILT; TASE: GILT) continued its remarkable surge, rising 11.73%.

Published by Globes, Israel business news - - on February 8, 2021

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