Thu: TA 35 Index up 1.2% for week

Elbit Systems and Bezeq rose strongly after reporting Q2 financials but Teva and Azrieli fell.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.69%, to 1,710.67 points; the Tel Aviv 125 Index rose 0.80%, to 1,770.78 points; and the BlueTech Global Index rose 0.58% to 556.49 points. The All Bond corporate bond index fell 0.01% to 388.27 points. Turnover totaled NIS 2.00 billion in equities and NIS 2.63 billion in bonds. The Tel Aviv 35 Index was up 1.2% for the week.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.093% from Wednesday, at NIS 3.221/$, and the representative shekel-euro rate was set 0.278% higher, at NIS 3.781/€.

On the market, Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) rose 9.15% for the biggest rise on the Tel Aviv 35 Index after reporting strong second quarter results. Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) rose 4.69%, also after reporting strong financials and Shufersal Ltd. (TASE:SAE) rose 2.35%.

Bank Leumi (TASE:LUMI) led the market, rising 0.80% on the day's biggest trading turnover. Bank Hapoalim (TASE: POLI) rose 1.35%, Mizrahi Tefahot Bank (TASE:MZTF) rose 1.17% and Israel Discount Bank (TASE: DSCT) rose 1%.

Azrieli Group Ltd. (TASE: AZRG) fell 2.54% for the biggest fall on the Tel Aviv 35 Index today. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 1.73% and Melisron (TASE: MLSR) fell 1.74%.

Published by Globes, Israel business news - en.globes.co.il - on August 12, 2021

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

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