Sun: TASE maintains strong rally

Nova and Ormat led the rises today but Teva and Perrigo declined.

The Tel Aviv Stock Exchange rose strongly today. The Tel Aviv 35 Index rose 1.67%, to 1,566.44 points; the Tel Aviv 125 Index rose 1.86%, to 1,627.25 points; and the BlueTech Global Index rose 2.25%, to 559.43 points. The TelBond 20 corporate bond index fell 0.06%, to 369.36 points. Turnover totaled NIS 1.46 billion in equities and NIS 2.37 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate 0.1567% higher on Friday, at NIS 3.187/$, and the representative shekel-euro rate was set 0.036% lower, at NIS 3.901/€.

On the market, Nova Measuring Instruments Ltd. (Nasdaq:NVMI; TASE:NVMI) rose 6.42% for the biggest rise on the Tel Aviv 35 Index. LivePerson Inc. (Nasdaq: LPSN); TASE: LPSN) rose 5.18% and Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) rose 3.80%. Harel Insurance Investments and Financial Services Ltd. (TASE: HARL) rose 5.51%, Melisron Ltd. (TASE: MLSR) rose 4.43% and Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) rose 0.74%.

Bank Leumi (TASE: LUMI) led the market rising 2.15% on the day's biggest trading turnover. Bank Hapoalim (TASE: POLI) rose 1.99%, Israel Discount Bank (TASE: DSCT) rose 3.99%, Mizrahi Tefahot Bank (TASE:MZTF) rose 1.90% and First International Bank of Israel (TASE: FTIN) rose 2.20%.

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 2.03% for the biggest fall on the Tel Aviv 35 Index and Perrigo Company (NYSE:PRGO; TASE:PRGO) fell 1.03%.

Published by Globes, Israel business news - - on January 10, 2021

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