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Wed: Chip stocks drag TASE down

17 Jul, 2024 19:16
שלח תגובה במיילGlobes correspondent

Chip companies Nova and Camtek fell sharply today.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.72%, to 2,060.96 points; the Tel Aviv 125 Index fell 0.54% to 2,026.12 points; and the BlueTech Global Index fell 0.64% to 416.20 points. The All Bond corporate bond index rose 0.11% to 381.91 points. Turnover totaled NIS 1.79 billion in equities and NIS 4.14 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate down 0.33% from Tuesday, at NIS 3.627/$, and the representative shekel-euro rate was set 0.035% higher at NIS 3.967/€.

Nova Ltd. (Nasdaq:NVMI; TASE:NVMI) fell 7.72% for the biggest fall on the Tel Aviv 35 Index today. Camtek (Nasdaq: CAMT; TASE: CAMT) fell 7.36% and Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) fell 0.93%. Azrieli Group (TASE: AZRG) fell 1.08% and Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 3.44%.

Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) rose 3.45% for the biggest rise on the Tel Aviv 35 Index today. NICE Systems Ltd. (Nasdaq: NICE; TASE:NICE) rose 2.80% and Sapiens International NV (Nasdaq: SPNS; TASE: SPNS) rose 1.63%.

Published by Globes, Israel business news - en.globes.co.il - on July 17, 2024.

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

Thu: TA 35 rises despite banks' weakness

Teva and Elbit Systems both rose strongly today.

Wed: El Al leads strong TASE gains

El Al, Teva and the banks rose strongly today as Ormat and Sapiens led the declines.

Tue: Discount Bank leads TASE decline

Discount Bank fell sharply after publishing financial results as Teva bucked the market with strong rebound.

Mon: Tower leads TASE lower

Chip companies Tower, Camtek and Nova led the declines today as Ormat bucked the market.

Sun: TASE opens week strongly boosted by banks

NICE Systems and the banks led the market higher today but Teva and Tower lost ground.

Thu: TA 35 ends volatile week flat

The index fell today despite rises by the big two banks, with Teva down sharply.

Wed: TASE sharply higher amid continued volatility

Elbit Systems continued its strong gains as Delek and NewMed Energy led the declines.

Tue: TASE tumbles on Trump tariff fears

Teva and the banks felt sharply today as Elbit Systems kept climbing.

Mon: Elbit Systems fuels strong TASE gains

Elbit Systems and the banks rose strongly today as Energix led the declines.

Sun: Camtek leads TASE losses

Camtek and Nova dragged the TASE down today as Elbit Systems bucked the market.

Thu: TA 35 down 1.8% for week

The main indices closed flat or slightly off today.

Wed: TASE back on the rise

Camtek led the gains today as NICE Systems and ICL fell back.

Tue: Wall Street losses weigh on TASE

Nova and Ormat led the losses today as Strauss bucked the market.

Mon: TASE continues to lose ground

ICL and Teva fell today as Shufersal bucked the market.

Sun: TASE opens week lower in wake of Wall Street

Camtek and Teva led the declines but NICE Systems bucked the market after last week's heavy losses.

Thu: NICE plunge drags TASE down

NICE Systems and Azrieli Group fell very sharply today as Teva and ICL bucked the market.

Wed: TASE dips after yesterday's big gains

Camtek and Shufersal led the declines as Enlight and ICL bucked the market.

Tue: Strong gains on TASE as Gaza talks progress

ICL and Teva led the gains today as Nova fell on profit taking.

Mon: TASE lower as Nova gains continue

Dimri led the declines on the Tel Aviv 35 Index as Nova and Teva bucked the market.

Sun: TASE edges higher

NewMed Energy led the gains today as Teva once again lost ground.

Thu: TASE ends volatile week with strong gains

Nova jumped on strong fourth quarter results while ICL and parent company Israel Corp. led the declines.

Wed: TASE tumbles after high US inflation data

Nova and the banks led the TASE lower as Strauss Group bucked the market.

Tue: TASE lower amid Hamas truce concerns

Tower Semiconductor led the losses on the TASE today as Camtek and Nova bucked the market.

Mon: TASE resumes strong gains

NICE Systems and ICL rose strongly today as Melisron led the declines.

Sun: TASE down as Teva declines continue

Teva and NICE Systems lost ground as the banks rose.

Thu: TA 35 Index up 2.4% for week

Camtek and NICE led the gains today and Mivne led the declines as the market closed the day mixed.

Wed: Trump's plans boost TASE

Phoenix and Harel led the gains today while Teva continued to decline.

Tue: TASE rebounds strongly

Alony Hetz led the gains today after reporting that Aaron Frenkel had become its biggest shareholder, while Teva fell again.

Mon: Trump tariff threats spook world markets

Sapiens and Energean led the declines today as Tower Semiconductor led the gains.

Sun: TASE opens week higher

Delek and NewMed rose strongly as Teva and NICE Systems fell back.

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