Sun: Teva rally lifts TASE

Teva and Alony Hetz posted the biggest gains today but the banks declined.

The Tel Aviv Stock Exchange rose strongly today. The Tel Aviv 35 Index rose 1.20%, to 1,811.60 points; the Tel Aviv 125 Index rose 1.36%, to 1,831.87 points; and the BlueTech Global Index rose 1.13% to 368.47 points. The All Bond corporate bond index rose 0.48% to 367.50 points. Turnover totaled NIS 641.2 million in equities and NIS 2.28 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.765% on Friday, at NIS 3.556/$, and the representative shekel-euro rate was set 0.224% lower at NIS 3.736/€.

On the market, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 5.44% and Alony Hetz (TASE: ALHE) rose 6.67% for the biggest rise on the Tel Aviv 35 Index today. ICL (TASE: ICL: NYSE: ICL) rose 2.91%, Bezeq Israel Telecommunications Company Ltd. (TASE:BZEQ) rose 1.16%, and Nova Measuring Instruments Ltd. (Nasdaq:NVMI; TASE:NVMI) rose 3.66%.

Opko Health Inc. (NYSE: OPK; TASE: OPK fell 1.10% for the biggest fall on the Tel Aviv 35 index today. Bank Leumi (TASE:LUMI) fell 0.93% on the day's biggest trading turnover. Bank Hapoalim (TASE: POLI) fell 1.02% and Israel Discount Bank (TASE: DSCT) fell 0.44%.

Outside of the Tel Aviv 35 Index, G-City (TASE: GZT) rose 10.21%.

Published by Globes, Israel business news - en.globes.co.il - on January 8, 2023.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2023.

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