Wed: Heavy Teva losses weigh on TASE

Teva plunged despite strong results but Gilat and Delek recorded handsome gains.

The Tel Aviv Stock Exchange was mixed today. The Tel Aviv 35 Index fell 0.14%, to 1,618.94 points; the Tel Aviv 125 Index rose 0.08%, to 1,681.32 points; and the BlueTech Global Index rose 0.41% to 686.03 points. The TelBond 20 corporate bond index rose 0.19% to 371.78 points. Turnover totaled NIS 2.06 billion in equities and NIS 3.37 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate 0.184% down from Tuesday, at NIS 3.253/$, and the representative shekel-euro rate was set 0.015% lower, at NIS 3.943/€.

On the market, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 9.16% on the day's biggest trading turnover for the biggest fall on the Tel Aviv 35 Index, despite reporting strong fourth quarter financial results. NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) fell 0.69% and Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) fell 1.30%.

Maytronics Ltd. (TASE:MTRN) rose 3.83% for the biggest rise on the Tel Aviv 35 Index. ICL (TASE: ICL: NYSE: ICL) rose 2.10%, Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) rose 1.60%, and Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) rose 1.14%. Bank Leumi (TASE: LUMI) rose 0.80%, Bank Hapoalim (TASE: POLI) rose 0.38% and Israel Discount Bank (TASE: DSCT) rose 0.80%.

Outside the Tel Aviv 35 Index, Delek Group Ltd. (TASE: DLEKG) rose 12.21% and Gilat Satellite Networks Ltd. (Nasdaq: GILT; TASE: GILT) continued its irresistible climb, rising 16.64%.

Published by Globes, Israel business news - en.globes.co.il - on February 10, 2021

© Copyright of Globes Publisher Itonut (1983) Ltd. 2021

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018