Sun: TASE flat despite strong Teva gains

The banks fell today as Teva and Elbit Systems led the gains.

The Tel Aviv Stock Exchange was flat today. The Tel Aviv 35 Index fell 0.06%, to 2,035.17 points; the Tel Aviv 125 Index fell 0.12%, to 2,110.31 points; but the BlueTech Global Index rose 0.14% to 484.02 points. The All Bond corporate bond index fell 0.58% to 380.28 points. Turnover totaled NIS 1.18 billion in equities and NIS 1.66 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.062% on Friday, at NIS 3.223/$, and the representative shekel-euro rate was set 0.280% higher at NIS 3.550/€.

Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) led the market today rising 4.93%, on the day's biggest turnover, after announcing a $130 million deal with an Asia-Pacific country. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 5.92% for the biggest rise on the Tel Aviv 35 Index today and ICL (TASE: ICL: NYSE: ICL) rose 1.07%.

OPC Energy (TASE: OPCE) fell 3.11% and parent company Kenon Holdings (NYSE: KEN; TASE: KEN) fell 3.85% for the biggest fall on the Tel Aviv 35 Index. Sister company Israel Corp. (TASE: ILCO) fell 1%.

Bank Leumi (TASE:LUMI) fell 1.52%, Bank Hapoalim (TASE: POLI) fell 0.98%, Israel Discount Bank (TASE: DSCT) fell 1.05% and Mizrahi Tefahot Bank (TASE:MZTF) fell 0.64%.

Outside of the Tel Aviv 35 Index, RADA Electronic Industries Ltd. (Nasdaq: RADA; TASE: RADA) rose 13.42%, and Delek Group Ltd. (TASE:DLEKG) rose 7.01%.

Published by Globes, Israel business news - en.globes.co.il - on March 27, 2022.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.

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