Wed: Maytronics leads TASE downtick

Maytronics, NICE and the big banks fell today but ICL and Elbit bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.45%, to 1,467.23 points; the Tel Aviv 125 Index fell 0.53%, to 1,519.67 points; and the BlueTech Global Index fell 1.02%, to 502.59 points. The TelBond 20 corporate bond index rose 0.06%, to 365.05 points. Turnover totaled NIS 2.04 billion in equities and NIS 3.18 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate 0.479% lower from Tuesday, at NIS 3.325/$, and the representative shekel-euro rate was set 0.255% lower, at NIS 3.956/€.

On the market, Maytronics Ltd. (TASE:MTRN) fell 5.47% for the biggest fall on the Tel Aviv 35 Index. NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) fell 1.71%, Opko Health Inc. (NYSE: OPK; TASE: OPK) fell 3.13% and Melisron Ltd. (TASE: MLSR) fell 0.48%.

Bank Leumi (TASE: LUMI) fell 0.56% on the day's biggest trading turnover. Bank Hapoalim (TASE: POLI) fell 0.79%, Israel Discount Bank (TASE: DSCT) fell 2.22%, and Mizrahi Tefahot Bank (TASE:MZTF) fell 0.99%.

ICL (TASE: ICL: NYSE: ICL) rose 4.14% for the biggest rise on the Tel Aviv 35 Index today. Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) rose 2.58% and Shufersal Ltd. (TASE:SAE) rose 0.40% after reporting very strong third quarter results.

Published by Globes, Israel business news - en.globes.co.il - on November 25, 2020

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

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