Sun: Ceasefire hopes fuel TASE rally

NICE and Bezeq recorded handsome gains but Tower and Nova lost ground.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.52%, to 2,065.73 points, the Tel Aviv 125 Index rose 0.59% to 2051.22 points; and the BlueTech Global Index rose 0.39% to 411.48 points. The All Bond corporate bond index rose 0.19% to 384.02 points. Turnover totaled NIS 718.6 million in equities and NIS 1.36 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate down 0.861% on Friday, at NIS 3.683/$, and the representative shekel-euro rate was set 1.068% lower at NIS 4.048/€.

On the market, OPC Energy (TASE: OPCE) rose 3.24% for the biggest rise on the Tel Aviv 35 Index today. NICE Systems Ltd. (Nasdaq: NICE; TASE:NICE) rose 3.14% and ICL (TASE: ICL: NYSE: ICL) rose 1.17%. Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) rose 0.46% and Bezeq Israel Telecommunications Company Ltd. (TASE:BZEQ rose 1.86%.

Bank Hapoalim (TASE: POLI) led the market today, rising 0.56% on the day's biggest trading turnover. Bank Leumi (TASE: LUMI) rose 0.97%, and Israel Discount Bank (TASE: DSCT) rose 0.50%.

Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) fell 1.68% for the biggest fall on the Tel Aviv 35 Index today. Nova Ltd. (Nasdaq:NVMI; TASE:NVMI) fell 1.43% and Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 0.62%.

Published by Globes, Israel business news - en.globes.co.il - on August 18, 2024.

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

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