Mon: TASE slide continues

Delek and the banks led the TASE down today but Ormat bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.36%, to 1,737.14 points; the Tel Aviv 125 Index fell 0.63%, to 1,717.98 points; and the BlueTech Global Index fell 0.92% to 325.96 points. The All Bond corporate bond index rose 0.30% to 362.83 points. Turnover totaled NIS 2.71 billion in equities and NIS 4.92 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.862% from Friday, at NIS 3.626/$, and the representative shekel-euro rate was set 1.877% higher at NIS 3.875/€.

Bank Leumi (TASE:LUMI) led the market today, falling 2.30% on the day's biggest trading turnover. Bank Hapoalim (TASE: POLI) fell 1.10%, Israel Discount Bank (TASE: DSCT) fell 1.30%, Mizrahi Tefahot Bank fell 0.88% and First International Bank of Israel (TASE:FTIN1; FTIN5) fell 1.72%.

Delek Group Ltd. (TASE:DLEKG) fell 2.95% for the biggest fall on the Tel Aviv 35 Index today. Harel Insurance Investments and Financial Services Ltd. (TASE: HARL) fell 2.85% and Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 0.54%.

Kenon Holdings (NYSE: KEN; TASE: KEN) rose 5.1% for the biggest rise on the Tel Aviv 35 Index today. Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) rose 4.4% and ICL (TASE: ICL: NYSE: ICL) rose 0.69%.

Published by Globes, Israel business news - en.globes.co.il - on March 13, 2023.

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

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