Wed: Strauss dips as market declines

Strauss and Teva led the TASE down today as Ormat and Elbit Systems bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.54%, to 1,994.03 points; the Tel Aviv 125 Index fell 0.69%, to 2,087.04 points; and the BlueTech Global Index fell 1.40% to 452.14 points. The All Bond corporate bond index fell 0.16% to 380.40 points. Turnover totaled NIS 1.83 billion in equities and NIS 2.85 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 1.002% today from Tuesday, at NIS 3.325/$, and the representative shekel-euro rate was set 0.185% higher at NIS 3.521/€.

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) led the market today, falling 1.70% on the day's biggest trading turnover. Strauss Group Ltd. (TASE:STRS) fell 4.28% for the biggest fall on the Tel Aviv 35 Index as the company was forced to expand its recall due to salmonella fears. LivePerson (Nasdaq: LPSN; TASE: LPSN) fell 3.91% and Maytronics Ltd. (TASE:MTRN) fell 3.75%.

Bank Leumi (TASE:LUMI) fell 1.51%, Bank Hapoalim (TASE: POLI) fell 0.71%, Israel Discount Bank (TASE: DSCT) fell 1.32%, and Mizrahi Tefahot Bank (TASE:MZTF) fell 1.29%.

Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) rose 3% for the biggest rise on the Tel Aviv 35 Index today. ICL (TASE: ICL: NYSE: ICL) rose 0.47%, parent company Israel Corp. (TASE: ILCO) rose 1.78% and sister company Kenon Holdings (NYSE: KEN; TASE: KEN) rose 1.5%. NICE-Systems Ltd. (Nasdaq: NICE; TASE:NICE) rose 0.81% and Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) rose 1.11%.

Published by Globes, Israel business news - en.globes.co.il - on April 27, 2022.

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

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