Tue: TASE slump continues

Elbit Systems and Teva continued to fall but Tower and NICE bucked the market.

The Tel Aviv Stock Exchange (TASE) fell today. The Tel Aviv 35 Index fell 0.69%, to 1,346.49 points; the Tel Aviv 125 Index fell 0.55%, to 1,388.02 points; but the BlueTech Global Index rose 0.11%, to 513.85 points. The TelBond 20 corporate bond index rose 0.01%, to 356.83 points. Turnover totaled NIS 1.27 billion in equities and NIS 2.78 billion in bonds.

On the foreign exchange market, the Bank of Israel set the shekel 0.030% up from Monday at NIS 3.382/$, and the representative shekel-euro rate was set 0.015% lower at NIS 3.997/€.

On the market, Energean Oil & Gas plc (LSE: ENOG; TASE: ENOG) fell 4.65% for the biggest fall on the Tel Aviv 35 Index today. Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA; TASE: TEVA) fell 1.68% and Elbit Systems Ltd. (NYSE: ESLT; TASE: ESLT) fell 1.52%. Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) fell 1.49% and Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) fell 1.61%.

Bank Hapoalim (TASE: POLI) fell 1.57% on the day's biggest trading turnover. Bank Leumi (TASE: LUMI) fell 1.27%, Israel Discount Bank (TASE: DSCT) fell 2.09% and Mizrahi Tefahot Bank (TASE:MZTF) fell 2%.

Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) rose 8.70% for the biggest rise on the Tel Aviv 35 Index today. NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) rose 1.78% and LivePerson Inc. (Nasdaq: LPSN); TASE: LPSN) rose 3.07%.

Published by Globes, Israel business news - en.globes.co.il - on October 27, 2020

© Copyright of Globes Publisher Itonut (1983) Ltd. 2020

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