Wed: Delek Drilling results lift Delek Group

The main indices rose today, with Bank Leumi leading and Delek Group the outstanding stock.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.41%, to 1,433.91 points; the Tel Aviv 125 Index rose 0.88%, to 1,486.12 points; and the BlueTech Global Index rose 0.98%, to 501.09 points. The TelBond 20 corporate bond index fell 0.02%, to 362.51 points. Turnover totaled NIS 1.52 billion in equities and NIS 3.80 billion in bonds.

On the foreign exchange market, the representative shekel-dollar rate was set 0.42% lower, at NIS 3.3420/$, and the representative shekel-euro rate was set 0.46% lower, at NIS 3.9689/€.

Bank Leumi led trading today, and rose 2.61%. Bank Hapoalim rose 1.89%; Ormat Technologies rose 2.10%; Mizrahi Tefahot Bank fell 0.75%; and Delek Group rose 15.36%. Delek Group unit Delek Drilling reported a $103 million third quarter profit today, and sharply increased revenue form the Leviathan gas reservoir. Delek Drilling itself rose 8.06%.

Published by Globes, Israel business news - en.globes.co.il - on November 18, 2020

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

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