Wed: Harel leads TASE higher

Harel and Nova led the gains today as Tower and Ormat lost ground.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.62%, to 1,843.70 points; the Tel Aviv 125 Index rose 0.80% to 1,867.89 points; and the BlueTech Global Index rose 0.90% to 388.72 points. The All Bond corporate bond index rose 0.24% to 374.59 points. Turnover totaled NIS 1.98 billion in equities and NIS 4.61 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate down 1.352% from Tuesday, at NIS 3.72/$, and the representative shekel-euro rate was set 1.072% lower at NIS 4.052/€.

Harel Insurance Investments and Financial Services Ltd. (TASE: HARL) rose 4.77% for the biggest rise on the Tel Aviv 35 Index today, despite the Israel Competition Authority thwarting its efforts to buy Isracard (TASE: ISCD). Nova Measuring Instruments Ltd. (Nasdaq:NVMI; TASE:NVMI) rose 4.21% and Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 1.01%.

Bank Leumi (TASE:LUMI) rose 1.74% and Bank Hapoalim (TASE: POLI) rose 1.04%. Israel Discount Bank (TASE: DSCT) rose 0.93% and Mizrahi Tefahot Bank (TASE: MZTF) rose 1.38%.

Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) led the market today, falling 1.20% on the day's biggest trading turnover. Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) fell 2.96% for the biggest fall on the Tel Aviv 35 Index today and Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) fell 2.22%.

Published by Globes, Israel business news - en.globes.co.il - on January 24, 2024.

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

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