Mon: TASE gains despite dire growth figures

Real estate stocks and the banks rose strongly today as Phoenix led the declines.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 1.27%, to 1,898.67 points; the Tel Aviv 125 Index rose 1.10% to 1,933.87 points; and the BlueTech Global Index rose 0.61% to 408.16 points. The All Bond corporate bond index rose 0.12% to 378.22 points. Turnover totaled NIS 1.58 billion in equities and NIS 3.95 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.36% from Friday, at NIS 3.622/$, and the representative shekel-euro rate was set 0.456% higher at NIS 3.95/€.

On the market Electra Ltd. (TASE: ELTR) rose 5.5% for the biggest rise on the Tel Aviv 35 Index today. Azrieli Group (TASE: AZRG) rose 5.19% and Airport City (TASE: ARPT) rose 4.86%. NICE Systems Ltd. (Nasdaq: NICE; TASE:NICE) rose 1.53%.

Bank Leumi (TASE:LUMI) led the market today, rising 1.31% on the day's biggest trading turnover. Bank Hapoalim (TASE: POLI) rose 1.48%, Israel Discount Bank (TASE: DSCT) rose 1.70% and Mizrahi Tefahot Bank (TASE: MZTF) rose 2.84%.

Israel Phoenix Assurance Ltd. (TASE:PHOE1; PHOE5) fell 2.01% for the biggest fall on the Tel Aviv 35 Index today. Nova Measuring Instruments Ltd. (Nasdaq:NVMI; TASE:NVMI) fell 1.45% and OPC Energy fell 1.45%.

Published by Globes, Israel business news - en.globes.co.il - on February 19, 2024.

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

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