Tue: TASE slips after BoI hints no rate cut

Elbit Systems fell today as NICE Systems bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.17%, to 1,689.60 points; the Tel Aviv 125 Index fell 0.39%, to 1,704.03 points; but the BlueTech Global Index rose 0.29% to 343.98 points. The All Bond corporate bond index fell 0.60% to 367.74 points. Turnover totaled NIS 1.91 billion in equities and NIS 4.12 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.451% from Monday, at NIS 4.008/$, and the representative shekel-euro rate was set 0.876% higher at NIS 4.237/€.

Bank Leumi (TASE:LUMI) led the market today, rising 0.82% on the day's biggest trading turnover. NICE Systems Ltd. (Nasdaq: NICE; TASE:NICE) rose 2.92% for the biggest rise on the Tel Aviv 35 Index today. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 0.72%, ICL (TASE: ICL: NYSE: ICL) rose 0.77% and Energean plc. (LSE: ENOG; TASE: ENOG) rose 2%.

Alony Hetz (TASE: ALHZ) fell 3.83% for the biggest fall on the Tel Aviv 35 Index today. Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) fell 0.91%, Azrieli Group (TASE: AZRG) fell 1.68%, and Mizrahi Tefahot Bank fell 1.20%.

Published by Globes, Israel business news - en.globes.co.il - on October 17, 2023.

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

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