Sun: Teva soars, TASE falls

The big banks and Ormat led the TASE down today but Teva bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.27%, to 1,589.28 points; the Tel Aviv 125 Index fell 0.24%, to 1,644.95 points; and the BlueTech Global Index fell 1.40%, to 586.02 points. The TelBond 20 corporate bond index fell 0.04%, to 370.52 points. Turnover totaled NIS 1.04 billion in equities and NIS 1.88 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate 3.231% higher on Friday, at NIS 3.231/$, and the representative shekel-euro rate was set 3.922% higher, at NIS 3.922/€.

On the market, Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) fell 3.90% for the biggest fall on the Tel Aviv 35 Index. Bank Leumi (TASE: LUMI) fell 1.15% on the day's biggest trading turnover. Bank Hapoalim (TASE: POLI) fell 1.14%, Israel Discount Bank (TASE: DSCT) fell 2% and Mizrahi Tefahot Bank (TASE:MZTF) fell 1.36%. Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) fell 2.25% and Alony Hetz Property and Investments Ltd. (TASE: ALHE) fell 2.60%.

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 6.46% for the biggest rise on the Tel Aviv 35 Index. Opko Health Inc. (NYSE: OPK; TASE: OPK) rose 4.46% and LivePerson Inc. (Nasdaq: LPSN); TASE: LPSN) rose 2.98%. Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) rose 1.49% and NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) rose 1.99%.

Published by Globes, Israel business news - en.globes.co.il - on January 17, 2021

© Copyright of Globes Publisher Itonut (1983) Ltd. 2021

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