Tue: Banks push TASE lower

Harel and the banks led the TASE lower today as Bezeq bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.59%, to 1,835.37 points; the Tel Aviv 125 Index fell 0.90%, to 1,858.68 points; and the BlueTech Global Index fell 1.61% to 371.37 points. The All Bond corporate bond index rose 0.05% to 372.30 points. Turnover totaled NIS 1.34 billion in equities and NIS 3.26 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.29% from Monday, at NIS 3.808/$, and the representative shekel-euro rate was set 0.246% higher at NIS 4.115/€.

Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) led the market today, rising 0.56% on the day's biggest trading turnover. Bezeq Israel Telecommunications Company Ltd. (TASE:BZEQ) rose 1.01% for the biggest rise on the Tel Aviv 35 Index today.ICL (TASE: ICL: NYSE: ICL) rose 1% and Kenon Holdings (NYSE: KEN; TASE: KEN) rose 0.93%.

Israel Discount Bank (TASE: DSCT) fell 0.63% and Bank Hapoalim (TASE: POLI) fell 1.06%. Bank Leumi (TASE:LUMI) fell 0.84%.and Mizrahi Tefahot Bank fell 2.10%.

NICE Systems Ltd. (Nasdaq: NICE; TASE:NICE) fell 0.90% and Big Shopping Centers (TASE: BIG) fell 1.78%. Harel Insurance Investments and Financial Services Ltd. (TASE: HARL) fell 2.57% for the biggest fall on the Tel Aviv 35 Index.

Published by Globes, Israel business news - en.globes.co.il - on August 29, 2023.

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

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