Tue: TASE down on global selloff, Gaza rockets

Leumi and Hapoalim led the losses today as Perrigo bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 1.56%, to 1,623.56 points; the Tel Aviv 125 Index fell 1.78%, to 1,695.36 points; and the BlueTech Global Index fell 2.59% to 553.70 points. The TelBond 20 corporate bond index fell 0.35% to 385.04 points. Turnover totaled NIS 2.09 billion in equities and NIS 5.26 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 1.015% from Monday, at NIS 3.284/$, and the representative shekel-euro rate was set 1.024% lower, at NIS 3.996/€.

On the market, with falling stock exchanges worldwide and rocket barrages from Israel, there was only one way that the TASE was headed. Bank Leumi (TASE: LUMI) fell 1.60% on the day's biggest trading turnover. Bank Hapoalim (TASE: POLI) fell 1.28% and Mizrahi Tefahot Bank (TASE:MZTF) fell 2.08%. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 0.38%, NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) fell 1.25% and Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) fell 2.22%. Nova Measuring Instruments Ltd. (Nasdaq:NVMI; TASE:NVMI) fell 4.81% and Energix Renewable Energies Ltd. (ENRG) fell 5.68% for the biggest fall on the Tel Aviv 35 Index.

Perrigo Company (Nasdaq:PRGO; TASE:PRGO), which rose 3.78% and Shufersal Ltd. (TASE:SAE) which rose 0.20% were the only two shares to rise on the Tel Aviv 35 Index today.

Published by Globes, Israel business news - en.globes.co.il - on May 11, 2021

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

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