Sun: TASE lower but banks gain

Tower and NICE led the TASE lower today as the banks bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.24%, to 1,857.57 points; the Tel Aviv 125 Index fell 0.37% to 1,877.69 points; and the BlueTech Global Index rose 0.03% to 386.86 points. The All Bond corporate bond index rose 0.09% to 377.61 points. Turnover totaled NIS 550.4 million in equities and NIS 994.8 million in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate down 0.187% on Friday, at NIS 3.728/$, and the representative shekel-euro rate was set 0.334% lower at NIS 4.088/€.

Bank Leumi (TASE:LUMI) led the market today, rising 1.04% on the day's biggest trading turnover. Bank Hapoalim (TASE: POLI) rose 0.75%, and Israel Discount Bank (TASE: DSCT) rose 0.55%. OPC Energy (TASE: OPCE) rose 3.14% for the biggest rise on the Tel Aviv 35 Index today and Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) rose 1%.

Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) fell 2.43% for the biggest fall on the Tel Aviv 35 Index. NICE Systems Ltd. (Nasdaq: NICE; TASE:NICE) fell 2.34% and ICL (TASE: ICL: NYSE: ICL) fell 1.68%. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 1.88%.

Published by Globes, Israel business news - en.globes.co.il - on January 14, 2024.

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

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