Sun: TASE edges higher as Teva falls

Tower and Elbit led the market higher today but Teva led the declines.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.16%, to 1,599.31 points; the Tel Aviv 125 Index rose 0.31%, to 1,659.77 points; and the BlueTech Global Index rose 1.12%, to 609.35 points. The TelBond 20 corporate bond index fell 0.11% to 370.59 points. Turnover totaled NIS 612.1 million in equities and NIS 1.19 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate 0.363% higher on Friday, at NIS 3.316/$, and the representative shekel-euro rate was set 0.119% higher, at NIS 3.956/€.

On the market, Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) rose 4.91% for the biggest rise on the Tel Aviv 35 Index. Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) rose 2.53%, Melisron Ltd. (TASE: MLSR) rose 2.20% and Israel Discount Bank (TASE: DSCT) rose 0.45%.

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 2.42% for the biggest fall on the Tel Aviv 35 Index and NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) fell 0.08%. Bank Hapoalim (TASE: POLI) fell 0.35% on the day's biggest trading turnover. Bank Leumi (TASE: LUMI) fell 0.64% and Mizrahi Tefahot Bank (TASE:MZTF) fell 1.10%.

Published by Globes, Israel business news - en.globes.co.il - on March 14, 2021

© Copyright of Globes Publisher Itonut (1983) Ltd. 2021

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