Tue: Elbit Systems surges but indices slip again

The main indices posted moderate falls today, with the banks again weak.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.15%, to 1,886.15 points; the Tel Aviv 125 Index fell 0.23%, to 1,969.81 points; and the BlueTech Global Index fell 0.963%, to 531.22 points. The TelBond 60 corporate bond index fell 0.07%, to 383.39 points. Turnover totaled NIS 1.87 billion in equities and NIS 2.91 billion in bonds.

On the foreign exchange market, the shekel-dollar representative rate was set 0.39% higher, at NIS 3.1130/$, and the shekel-euro representative rate was set 0.77% higher, at NIS 3.5232/€.

Bank Hapoalim led trading today, and fell 1.31%. Elbit Systems rose 7.46%; Bank Leumi fell 0.55%; Amot fell 0.90%; and Discount Bank fell 0.15%. Elbit Systems received a "Buy" recommendation from Zacks Equity Research yesterday.

Besides Elbit, Teva was a notable advancer today, rising 3.65%. Compugen fell 4.66%, ElectReon fell 3.67%, and Perion Network fell 3.67%.

Published by Globes, Israel business news - en.globes.co.il - on December 14, 2021.

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

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