Wed: Banks lead strong TASE gains

Delek, Nova and the banks led the market higher today but Teva lost ground.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 1.53% to 2,463.69 points; the Tel Aviv 125 Index rose 1.63% to 2,502.68 points; and the BlueTech Global Index rose 1.36% to 442.84 points. The All Bond corporate bond index rose 0.02% to 397.84 points. Turnover totaled NIS 1.78 billion in equities and NIS 4.08 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate down 0.162% from Tuesday, at NIS 3.699/$, and the representative shekel-euro rate was set 0.08% lower at NIS 3.992/€.

Bank Leumi (TASE: LUMI) led the market today, rising 2.18% on the day's biggest trading turnover. Bank Hapoalim (TASE: POLI) rose 1.32%, Israel Discount Bank (TASE: DSCT) rose 2.17% and Mizrahi Tefahot Bank rose 2.34%.

Delek Group (TASE: DELKG) rose 4.37%, and its Mediterranean energy exploration and production unit NewMed Energy (TASE: NWMD) rose 4.51% for the biggest rise on the Tel Aviv 35 Index today, along with Nova Ltd. (Nasdaq:NVMI; TASE:NVMI), which also rose 4.51%. NICE Systems Ltd. (Nasdaq: NICE; TASE:NICE) rose 1.13% and Camtek (Nasdaq: CAMT; TASE: CAMT) rose 2.91%.

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 1.15% for the biggest fall on the Tel Aviv 35 Index today and Bezeq Israel Telecommunications Company Ltd. (TASE:BZEQ fell 0.93%.

Outside of the Tel Aviv 35 Index, El Al Israel Airlines Ltd. (TASE:ELAL) fell 4.39%.

Published by Globes, Israel business news - en.globes.co.il - on April 2, 2025.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2025.

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