Thu: TA 35 Index up 0.8% for week

Elbit Systems led the market down today on profit taking after its recent sharp rise.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.75%, to 1,943.51 points; the Tel Aviv 125 Index fell 0.74 %, to 2,036.71 points; and the BlueTech Global Index fell 0.41% to 482.75 points. The All Bond corporate bond index rose 0.19% to 386.88 points. Turnover totaled NIS 2.94 billion in equities and NIS 3.64 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.217% from Wednesday, at NIS 3.240/$, and the representative shekel-euro rate was set 0.042% higher at NIS 3.590/€.

The Tel Aviv 35 Index rose 0.8% for the week but is down 1.7% since the start of the year.

On the market, Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) fell 3.69% for the biggest fall on the Tel Aviv 35 Index today, after rising sharply throughout the week in the wake of the Russia-Ukraine war and anticipated increased sales to Europe. NICE-Systems Ltd. (Nasdaq: NICE; TASE:NICE) fell 0.42% and ICL (TASE: ICL: NYSE: ICL) fell 2.48%. Bank Leumi (TASE:LUMI) fell 0.69%, Israel Discount Bank (TASE: DSCT) fell 0.84% and Mizrahi Tefahot Bank (TASE:MZTF) fell 0.59%.

Nova Measuring Instruments Ltd. (Nasdaq:NVMI; TASE:NVMI) rose 2.10% for the biggest rise on the Tel Aviv 35 Index and Bank Hapoalim (TASE: POLI) rose 0.15%.

Outside of the Tel Aviv 35 Index, Electreon (TASE: ELWS) rose 14.82% after signing a strategic agreement in the US.

Published by Globes, Israel business news - en.globes.co.il - on March 3, 2022.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018