Sun: TASE opens week strongly boosted by banks

NICE Systems and the banks led the market higher today but Teva and Tower lost ground.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 1.09%, to 2,493.87 points, the Tel Aviv 125 Index rose 1.18% to 2,549.28 points; and the BlueTech Global Index rose 0.69% to 466.37 points. The All Bond corporate bond index rose 0.07% to 400.14 points. Turnover totaled NIS 981.4 million in equities and NIS 1.21 billion in bonds.

On the foreign exchange market, the representative shekel-dollar rate was set 0.083% lower on Friday, at NIS 3.612/$, and the representative shekel-euro rate was set 0.549% higher, at NIS 3.923/€.

Bank Leumi (TASE: LUMI) led the market today, rising 1.08% on the day's biggest trading turnover. Mizrahi Tefahot Bank rose 2.68%, Bank Hapoalim (TASE: POLI) rose 1.26%, and Israel Discount Bank (TASE: DSCT) rose 2.10%.

NICE Systems Ltd. (Nasdaq: NICE; TASE:NICE) rose 3.13% for the biggest rise on the Tel Aviv 35 Index today. Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) rose 3.09%, Energean plc (LSE: ENOG; TASE: ENOG) rose 3.11% and Nova Ltd. (Nasdaq:NVMI; TASE:NVMI) rose 2.51%.

Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) fell 3.94% for the biggest fall on the Tel Aviv 35 Index today. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 2.14% and Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) fell 0.74%.

Published by Globes, Israel business news - en.globes.co.il - on March 9, 2025.

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

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