Tue: Dual-listed tech cos weigh heavily on TASE

NICE, Teva and Ormat fell steeply while Energean bucked the market.

The Tel Aviv Stock Exchange fell sharply today. The Tel Aviv 35 Index fell 2.02%, to 1,553.80 points; the Tel Aviv 125 Index fell 2.43%, to 1,607.67 points; and the BlueTech Global Index fell 7.23% to 601.99 points. The TelBond 20 corporate bond index rose 0.12% to 370.64 points. Turnover totaled NIS 2.04 billion in equities and NIS 5.29 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate 0.122% lower from Monday, at NIS 3.264/$, and the representative shekel-euro rate was set 0.030% higher, at NIS 3.967/€.

On the market, NICE Systems Ltd. (NYSE: NICE; TASE: NICE) fell 5.38%, Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA; TASE: TEVA) fell 4.06% and Ormat Technologies Inc. (NYSE: ORA; TASE: ORA fell 7.83%. LivePerson Inc. (Nasdaq: LPSN); TASE: LPSN) fell 8.94% for the biggest fall on the Tel Aviv 35 Index. Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) fell 3.37% and Nova Measuring Instruments Ltd. (Nasdaq:NVMI; TASE:NVMI) fell 4.40%.

Bank Hapoalim (TASE: POLI) fell 1.73% on the day's biggest trading turnover. Bank Leumi (TASE: LUMI) fell 1.85% and Israel Discount Bank (TASE: DSCT) fell 1.42%.

Energean Oil & Gas plc (LSE: ENOG; TASE: ENOG) rose 4.6% for the biggest rise on the Tel Aviv 35 Index today and Electra Ltd. (TASE: ELTR) rose 1.71%.

Published by Globes, Israel business news - en.globes.co.il - on February 23, 2021

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

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