Sun: Teva bucks market

Teva rose strongly despite the sharp falls on the market led by NICE Systems and Energean.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 1.33%, to 1,591.77 points; the Tel Aviv 125 Index fell 1.26%, to 1,641.65 points; but the BlueTech Global Index rose 0.06%, to 602.43 points. The TelBond 20 corporate bond index rose 0.01%, to 372.06 points. Turnover totaled NIS 1.04 billion in equities and NIS 1.54 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate unchanged at 3.280/$ on Friday, and the representative shekel-euro rate was set 0.043% higher, at NIS 3.987/€.

Bank Leumi (TASE: LUMI) led the market, falling 1.14% on the day's biggest trading turnover. Bank Hapoalim (TASE: POLI) fell 0.42%, Israel Discount Bank (TASE: DSCT) fell 1.84% and Mizrahi Tefahot Bank (TASE:MZTF) fell 2.33%.

Energean Oil & Gas plc (LSE: ENOG; TASE: ENOG) fell 4.08% for the biggest fall on the Tel Aviv 35 Index today. NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) fell 2.93%, ICL (TASE: ICL: NYSE: ICL) fell 2.02% and Melisron Ltd. (TASE: MLSR) fell 1.69%.

Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA; TASE: TEVA), which rose 3.56% and LivePerson Inc. (Nasdaq: LPSN); TASE: LPSN), which rose 0.52%, were the only two shares to gain on the Tel Aviv 35 Index today.

Outside of the Tel Aviv 35 Index, Gilat Satellite Networks Ltd. (Nasdaq: GILT; TASE: GILT) continued its recent sharp rises, and was up 11.3% today.

Published by Globes, Israel business news - - on January 24, 2021

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