Tue: Banks again drag TASE down

Banks and real estate companies fell today while Elbit and Camtek bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 1.26%, to 1,824.73 points; the Tel Aviv 125 Index fell 1.38% to 1,843.84 points; and the BlueTech Global Index fell 0.37% to 385.08 points. The All Bond corporate bond index fell 0.21% to 376.24 points. Turnover totaled NIS 1.75 billion in equities and NIS 4.49 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.4% from Monday, at NIS 3.768/$, and the representative shekel-euro rate was set 0.178% lower at NIS 4.101/€.

Bank Hapoalim (TASE: POLI) led the market today, falling 2.28%, on the day's biggest trading turnover. Bank Leumi (TASE:LUMI) fell 1.83%, Israel Discount Bank (TASE: DSCT) fell 1.68% and Mizrahi Tefahot Bank (TASE: MZTF) fell 1.92%.

Mivne Real Estate (TASE: MVNE) fell 4% for the biggest fall on the Tel Aviv 35 Index today and Melisron (TASE: MLSR) fell 3.93%. ICL (TASE: ICL: NYSE: ICL) fell 2.51%, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 1.16%, and Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) fell 1.10%.

Camtek (Nasdaq: CMTK; TASE: CMTK) rose 5.69% for the biggest rise on the Tel Aviv 35 Index. NICE Systems Ltd. (Nasdaq: NICE; TASE:NICE) rose 0.58% and Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) rose 1.19%.

Published by Globes, Israel business news - en.globes.co.il - on January 16, 2024.

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

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