Tue: TASE losses strengthen near close

Teva and Energean led the declines today while Harel bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 1.02%, to 1,839.55 points; the Tel Aviv 125 Index fell 1% to 1,870.75 points; but the BlueTech Global Index rose 0.58% to 392.54 points. The All Bond corporate bond index fell 0.01% to 375.95 points. Turnover totaled NIS 1.59 billion in equities and NIS 10.04 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate down 0.949% from Monday, at NIS 3.652/$, and the representative shekel-euro rate was set 0.847% lower at NIS 3.959/€.

Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) led the market today, falling 0.94%. Energean (LSE: ENOG; TASE: ENOG) fell 4.58% for the biggest fall on the Tel Aviv 35 Index today. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 2.44% and ICL (TASE: ICL: NYSE: ICL) fell 0.83%.

Bank Hapoalim (TASE: POLI) fell 1.04% and Bank Leumi (TASE:LUMI) fell 0.92%. Israel Discount Bank (TASE: DSCT) fell 0.56% and Mizrahi Tefahot Bank (TASE: MZTF) fell 1.52%.

Harel Insurance Investments and Financial Services Ltd. (TASE: HARL) rose 4.16% for the biggest rise on the Tel Aviv 35 Index after abandoning plans to buy credit card company Isracard (TASE: ISCD) because of opposition by the Israel Competition Authority. NICE Systems Ltd. (Nasdaq: NICE; TASE:NICE) rose 0.43% and Camtek (Nasdaq: CMTK; TASE: CMTK) rose 1.41%.

Published by Globes, Israel business news - en.globes.co.il - on January 30, 2024.

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

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