Wed: Delek leads TASE gains

Delek and the banks led the market higher today but Teva and Elbit declined.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.51%, to 1,844.14 points; the Tel Aviv 125 Index rose 0.46%, to 1,870.32 points; and the BlueTech Global Index rose 0.06% to 368.86 points. The All Bond corporate bond index fell 0.18% to 369.57 points. Turnover totaled NIS 1.28 billion in equities and NIS 6.62 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.0759% from Tuesday, at NIS 3.848/$, and the representative shekel-euro rate was set 0.143% higher at NIS 4.054/€.

Delek Group Ltd. (TASE:DLEKG) rose 4.22% for the biggest rise on the Tel Aviv 35 Index today after its North Sea exploration and production unit Ithaca received regulatory approval to develop the Rosebud oilfield. ICL (TASE: ICL: NYSE: ICL) rose 0.90%.

Bank Leumi (TASE:LUMI) rose 2.68%, and Israel Discount Bank (TASE: DSCT) rose 0.49%. Bank Hapoalim (TASE: POLI) rose 2.45% and Mizrahi Tefahot Bank rose 1.19%.

NICE Systems Ltd. (Nasdaq: NICE; TASE:NICE) led the market today, falling 0.12% on the day's biggest trading turnover. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 1.57% and Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) fell 0.35%. Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) fell 1.39% today despite reporting a new $115 million order to supply tank ammunition to a NATO country.

Published by Globes, Israel business news - en.globes.co.il - on September 27, 2023.

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

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