Tue: Hapoalim leads market down

Bank Hapoalim and NICE Systems led the TASE down as Ormat bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 1.05%, to 1,915.64 points; the Tel Aviv 125 Index fell 0.99%, to 1,994.21 points; and the BlueTech Global Index fell 0.78% to 467.37 points. The All Bond corporate bond index fell 0.78% to 387.21 points. Turnover totaled NIS 3.34 billion in equities and NIS 3.51 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.548% from Monday, at NIS 3.30/$, and the representative shekel-euro rate was set 1.198% higher at NIS 3.599/€.

Bank Hapoalim (TASE: POLI) led the market today, falling 5.34% for the biggest decline on the Tel Aviv 35 Index today on the day's biggest trading turnover, despite reporting strong fourth quarter results. Bank Leumi (TASE:LUMI) fell 1.57%. NICE-Systems Ltd. (Nasdaq: NICE; TASE:NICE) fell 4.20%, ICL (TASE: ICL: NYSE: ICL) fell 0.98% and Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) fell 2.71%.

Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) rose 4.90% for the biggest rise on the Tel Aviv 35 Index. Mizrahi Tefahot Bank (TASE:MZTF) rose 0.61% and LivePerson (Nasdaq: LPSN; TASE: LPSN) rose 3.80%. Maytronics Ltd. (TASE:MTRN) rose 3.38% and Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) rose 0.59%.

Published by Globes, Israel business news - en.globes.co.il - on March 8, 2022.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.

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