Sun: TASE begins week lower as El Al leads losses

El Al and Fattal led the TASE down today as Ormat bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.32%, to 2,047.86 points, the Tel Aviv 125 Index fell 0.20% to 2049.48 points; and the BlueTech Global Index rose 0.77% to 409 points. The All Bond corporate bond index fell 0.16% to 383.99 points. Turnover totaled NIS 587.2 million in equities and NIS 1.38 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate down 1.226% on Friday, at NIS 3.707/$, and the representative shekel-euro rate was set 0.576% lower at NIS 4.110/€.

Outside of the Tel Aviv 35 Index, El Al Israel Airlines Ltd. (TASE:ELAL) led the market today, falling 6.6% on the day's biggest trading turnover.

Bank Leumi (TASE: LUMI) fell 1.19%, Bank Hapoalim (TASE: POLI) fell 1.08%, and Mizrahi Tefahot Bank fell 0.65%.Shufersal Ltd. (TASE:SAE) fell 2.24% and Fattal Holdings (1998) Ltd. (TASE: FTAL) fell 2.38% for the biggest fall on the Tel Aviv 35 Index today.

Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) rose 2.23% for the biggest rise on the Tel Aviv 35 Index today. Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) rose 0.85%, Israel Discount Bank (TASE: DSCT) rose 0.75% and Energean plc (LSE: ENOG; TASE: ENOG) rose 1.57%.

Published by Globes, Israel business news - en.globes.co.il - on September 15, 2024.

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

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018