Thu: Tower leads market down

Tower and Teva both fell today but energy stocks Delek and Energean bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.72%, to 1,826.54 points; the Tel Aviv 125 Index fell 0.69%, to 1,853.33 points; and the BlueTech Global Index fell 0.64% to 378.72 points. The All Bond corporate bond index fell 0.12% to 371.67 points. Turnover totaled NIS 2.64 billion in equities and NIS 2.86 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate 1.05% higher from Wednesday, at NIS 3.848/$, and the representative shekel-euro rate was set 0.692% higher at NIS 4.119/€.

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) led the market today, falling 1.27% on the day's biggest trading turnover. Nova Measuring Instruments Ltd. (Nasdaq:NVMI; TASE:NVMI) fell 3.77% for the biggest fall on the Tel Aviv 35 Index. NICE Systems Ltd. (Nasdaq: NICE; TASE:NICE) fell 1.25%, ICL (TASE: ICL: NYSE: ICL) fell 1.32% and Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) fell 2.05%.

Bank Leumi (TASE:LUMI) fell 1.44% and Bank Hapoalim (TASE: POLI) fell 1.63%. Israel Discount Bank (TASE: DSCT) fell 1.85% and Mizrahi Tefahot Bank fell 0.96%.

Energy stocks bucked the market today. Delek Group Ltd. (TASE:DLEKG) rose 1.35% and its eastern Mediterranean energy exploration and production unit NewMed Energy (TASE: NWMD) rose 2.13% for the biggest rise on the Tel Aviv 35 Index today. Energean plc (LSE: ENOG; TASE: ENOG) rose 1.09%.

Published by Globes, Israel business news - en.globes.co.il - on September 7, 2023.

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

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018