Mon: TASE records strong gains

The banks rose strongly for the second straight day but Tower and Elbit lost ground.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 1.62%, to 1,653.01 points; the Tel Aviv 125 Index rose 1.78% to 1,656.96 points; and the BlueTech Global Index rose 0.28% to 324.48 points. The All Bond corporate bond index fell 0.13% to 357.79 points. Turnover totaled NIS 1.95 billion in equities and NIS 3.63 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate down 0.637% from Friday, at NIS 4.055/$, and the representative shekel-euro rate was set 0.332% lower at NIS 4.293/€.

Bank Leumi (TASE:LUMI) led the market today, rising 2.81% on the day's biggest trading turnover. Bank Hapoalim (TASE: POLI) rose 1.95%, Israel Discount Bank (TASE: DSCT) rose 2.98% and Mizrahi Tefahot Bank rose 4.72%.

Ashtrom Group (TASE: ASHG) rose 6.81% for the biggest rise on the Tel Aviv 35 Index. Delek Group Ltd. (TASE:DLEKG) rose 5.13%, and Nova Measuring Instruments Ltd. (Nasdaq:NVMI; TASE:NVMI) rose 0.80%.

Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) fell 3.18% for the biggest fall on the Tel Aviv 35 Index today. ICL (TASE: ICL: NYSE: ICL) fell 0.75%, Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) fell 1.63% and Kenon Holdings (NYSE: KEN; TASE: KEN) fell 1.71%.

Published by Globes, Israel business news - en.globes.co.il - on October 30, 2023.

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

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