Mon: TASE resumes strong gains

Elbit Systems and Camtek led the gains today as ICL and Teva fell.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 1.19% to 2,344.42 points; the Tel Aviv 125 Index rose 1.30% to 2,390.56 points; and the BlueTech Global Index rose 1.24% to 437.72 points. The All Bond corporate bond index fell 0.04% to 395.37 points. Turnover totaled NIS 2.39 billion in equities and NIS 4.14 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.417% from Friday, at NIS 3.608/$, and the representative shekel-euro rate was set 0.622% higher at NIS 3.785/€.

Bank Leumi (TASE: LUMI) led the market today, rising 1.19% on the day's biggest trading turnover. Bank Hapoalim (TASE: POLI) rose 1.43%, Mizrahi Tefahot Bank rose 0.95%, and Israel Discount Bank (TASE: DSCT) rose 1.02%.

Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) rose 3.49% for the biggest rise on the Tel Aviv 35 Index today, after being awarded a big contract by Israel's Ministry of Defense. Camtek (Nasdaq: CAMT; TASE: CAMT) rose 2.79%, Shufersal Ltd. (TASE:SAE) rose 1.06% and NICE Systems Ltd. (Nasdaq: NICE; TASE:NICE) rose 0.31%.

ICL (TASE: ICL: NYSE: ICL) fell 0.88% and parent company Israel Corp. (TASE: ILCO) fell 1.91% for the biggest fall on the Tel Aviv 35 Index today. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA fell 0.32%.

Published by Globes, Israel business news - en.globes.co.il - on December 16, 2024

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

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