Sun: TASE edges higher led by chip stocks

Tower, Camtek and Nova led the gains today as NICE and Elbit fell.

The Tel Aviv Stock Exchange edged higher today. The Tel Aviv 35 Index rose 0.05%, to 2,491.79 points, the Tel Aviv 125 Index rose 0.10% to 2,538.25 points; and the BlueTech Global Index rose 0.88% to 441.39 points. The All Bond corporate bond index fell 0.02% to 398.99 points. Turnover totaled NIS 703.4 million in equities and NIS 1.22 billion in bonds.

On the foreign exchange market, the representative shekel-dollar rate was set 0.081% higher on Friday, at NIS 3.691/$, and the representative shekel-euro rate was set 0.007% lower, at NIS 4.198/€.

On the market, Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) rose 3.81% for the biggest rise on the Tel Aviv 35 Index. Camtek (Nasdaq: CAMT; TASE: CAMT) rose 3.64% and Nova Ltd. (Nasdaq:NVMI; TASE:NVMI) rose 0.83%.

Energy stocks also performed strongly today. Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) rose 2.60%, Delek Group (TASE: DELKG) rose 1.93% and Energean plc (LSE: ENOG; TASE: ENOG) rose 2.86%.

Shufersal Ltd. (TASE:SAE) fell 2.97% for the biggest fall on the Tel Aviv 35 Index. NICE Systems Ltd. (Nasdaq: NICE; TASE:NICE) fell 2.77%, and Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) fell 2.60%.

Published by Globes, Israel business news - en.globes.co.il - on April 20, 2025.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2025.

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