Sun: Wall Street woes weigh heavily on TASE

Dual listed companies Camtek and Nova led the declines today as OPC Energy bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 1.56%, to 2,039.69 points, the Tel Aviv 125 Index fell 1.54% to 2040.74 points; and the BlueTech Global Index fell 1.58% to 400.50 points. The All Bond corporate bond index rose 0.01% to 385.00 points. Turnover totaled NIS 629.7 million in equities and NIS 1.69 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.298% on Friday, at NIS 3.704/$, and the representative shekel-euro rate was set 0.488% higher at NIS 4.119/€.

Bank Leumi (TASE: LUMI) led the market today, falling 1.37% on the day's biggest trading turnover. Bank Hapoalim (TASE: POLI) fell 1.15%, Israel Discount Bank (TASE: DSCT) fell 1.22% and Mizrahi Tefahot Bank fell 0.56%.

Dual listed companies fell sharply today after falling on Wall Street on Friday. Camtek (Nasdaq: CAMT; TASE: CAMT) fell 6.19% for the biggest fall on the Tel Aviv 35 Index Today. Nova Ltd. (Nasdaq:NVMI; TASE:NVMI) fell 7.24% and NICE Systems Ltd. (Nasdaq: NICE; TASE:NICE) fell 2.84%. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 2.55% and Delek Group Ltd. (TASE:DLEKG) also fell 2.55%.

Only three stocks gained today on the Tel Aviv 35 Index. OPC Energy (TASE: OPCE) rose 1.29%, Strauss Group (TASE: STRS) rose 0.58% and and Bezeq Israel Telecommunications Company Ltd. (TASE:BZEQ rose 0.05%.

Published by Globes, Israel business news - en.globes.co.il - on September 8, 2024.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2024.

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