Tue: Hostage deal deadlock weighs on TASE

The banks and chip companies led the declines today as Harel bucked the market.

The Tel Aviv Stock Exchange fell heavily today. The Tel Aviv 35 Index fell 1.45%, to 2.061.52 points, the Tel Aviv 125 Index fell 1.29% to 2,057.08 points; and the BlueTech Global Index fell 1.04% to 408.68 points. The All Bond corporate bond index fell 0.01% to 383.92 points. Turnover totaled NIS 1.60 billion in equities and NIS 6.42 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.465% from Monday, at NIS 3.671/$, and the representative shekel-euro rate was set 0.223% higher at NIS 4.052/€.

On the market the chip companies fell sharply today. Nova Ltd. (Nasdaq:NVMI; TASE:NVMI) fell 7.24% for the biggest fall on the Tel Aviv 35 Index today. Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) fell 1.43% and Camtek (Nasdaq: CAMT; TASE: CAMT) fell 5.33%. NICE Systems Ltd. (Nasdaq: NICE; TASE:NICE) fell 1%.

Bank Leumi (TASE: LUMI) led the market today, falling 1.46% on the day's biggest trading turnover. Israel Discount Bank (TASE: DSCT) fell 1.38%, Bank Hapoalim (TASE: POLI) fell 1.26%, and Mizrahi Tefahot Bank fell 1.06%.

Harel Insurance Investments and Financial Services Ltd. (TASE: HARL) rose 1.61% for the biggest rise on the Tel Aviv 35 Index today and Big Shopping Centers (TASE: BIG) rose 1.23%.

Published by Globes, Israel business news - en.globes.co.il - on September 3, 2024.

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

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