Tue: Isracard leads TASE downtick

NICE Systems, Isracard and the banks led the TASE down today as Tower bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.54%, to 1,783.15 points; the Tel Aviv 125 Index fell 0.58% to 1,801.30 points; and the BlueTech Global Index fell 0.70% to 349.24 points. The All Bond corporate bond index rose 0.21% to 374.03 points. Turnover totaled NIS 1.41 billion in equities and NIS 4.54 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate down 0.242% from Monday, at NIS 3.708/$, and the representative shekel-euro rate was set 0.077% higher at NIS 4.004/€.

Bank Leumi (TASE:LUMI) led the market today, falling 1.33% on the day's biggest trading turnover. Bank Hapoalim (TASE: POLI) fell 0.67%, Israel Discount Bank (TASE: DSCT) fell 0.62% and Mizrahi Tefahot Bank fell 1.06%.

NICE Systems Ltd. (Nasdaq: NICE; TASE:NICE) fell 2.44% for the biggest fall on the Tel Aviv 35 Index today. ICL (TASE: ICL: NYSE: ICL) fell 2% and Energean plc (LSE: ENOG; TASE: ENOG) fell 2.38%.

Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) rose 2.35% for the biggest rise on the Tel Aviv 35 index today and Camtek (Nasdaq: CAMT; TASE: CAMT) rose 0.95%.

Outside of the Tel Aviv 35 Index, Perion Network (Nasdaq: PERI; TASE: PERI) rose 3.22% following a $100 million acquisition and Isracard (TASE: ISCD) fell 12.36% after the Israel Competition Authority said that its merger with Harel Insurance Investments and Financial Services Ltd. (TASE: HARL) would harm competition.

Published by Globes, Israel business news - en.globes.co.il - on December 12, 2023.

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

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