Tue: Ormat leads TASE down

Ormat and Teva led the declines today while Bezeq and Elbit bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.32%, to 1,701.71 points; the Tel Aviv 125 Index fell 0.42%, to 1,775.66 points; and the BlueTech Global Index fell 0.24% to 581.90 points. The All Bond corporate bond index rose 0.01% to 386.11 points. Turnover totaled NIS 1.72 billion in equities and NIS 3.14 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate down 0.154% from Monday, at NIS 3.242/$, and the representative shekel-euro rate was set 0.239% lower, at NIS 3.927/€.

Bank Hapoalim (TASE: POLI) led the market, falling 1.07% on the day's biggest trading turnover. Ormat Technologies Inc. (NYSE: ORA; TASE: ORA fell 3.06% for the biggest fall on the Tel Aviv 35 Index and Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 1.84% Israel Discount Bank (TASE: DSCT) fell 1.33% and Bank Leumi (TASE: LUMI) fell 0.23%.

and Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) rose 1.78% and Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) rose 1.23%. Energix Renewable Energies Ltd. (TASE: ENRG) rose 4.56% for the biggest rise on the Tel Aviv 35 Index today.

Outside of the Tel Aviv 35 Index, Aquarius Engines (TASE: AQUA) continued its remarkable rally, rising 8.86% today for an accumulative rise of 36% over the past three sessions since announcing the signing of an MOU to set up a factory in the UAE.

Published by Globes, Israel business news - en.globes.co.il - on June 15, 2021

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

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