Wed: ICL surge helps lift TASE

ICL and parent company rose very strongly today after the former published record results.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 1.12%, to 1,895.23 points; the Tel Aviv 125 Index rose 0.84%, to 1,965.90 points; but the BlueTech Global Index fell 0.91% to 414.72 points. The All Bond corporate bond index rose 0.03% to 375.39 points. Turnover totaled NIS 2.34 billion in equities and NIS 4.06 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate down 1.097% today from Tuesday, at NIS 3.425/$, and the representative shekel-euro rate was set 1.100% lower at NIS 3.615/€.

ICL (TASE: ICL: NYSE: ICL) led the market, rising 9.63% on the day's biggest trading turnover, for the largest rise on the Tel Aviv 35 Index, after reporting record first quarter 2022 results, while parent company Israel Corp. (TASE: ILCO) rose 8.25%. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 0.61%.

Bank Leumi (TASE:LUMI) rose 2.55%, Bank Hapoalim (TASE: POLI) rose 3.57%, Israel Discount Bank (TASE: DSCT) rose 1.33%, and Mizrahi Tefahot Bank (TASE:MZTF) rose 2.77%.

LivePerson (Nasdaq: LPSN; TASE: LPSN) fell 2.94% for the biggest fall on the Tel Aviv 35 Index today and NICE-Systems Ltd. (Nasdaq: NICE; TASE:NICE) fell 2.22%.

Outside of the Tel Aviv 35 Index, Delek Group Ltd. (TASE:DLEKG) rose 4.02%.

Published by Globes, Israel business news - - on May 11, 2022.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.

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