Wed: Strong Teva gains push market higher

Teva, NICE Systems and the banks rose today as Elbit Systems lost ground.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.44%, to 1,851.76 points; the Tel Aviv 125 Index rose 0.34%, to 1,913.07 points; and the BlueTech Global Index rose 0.03% to 563.13 points. The All Bond corporate bond index rose 0.05% to 393.69 points. Turnover totaled NIS 1.25 billion in equities and NIS 2.89 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.093% from Tuesday, at NIS 3.215/$, and the representative shekel-euro rate was set 0.224% lower at NIS 3.738/€.

Bank Leumi (TASE:LUMI) again led the market today, rising 1.20% on the day's biggest trading turnover. Bank Hapoalim (TASE: POLI) rose 0.63%, Israel Discount Bank (TASE: DSCT) rose 0.70%, and Mizrahi Tefahot Bank (TASE:MZTF) rose 0.09%.

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 3.54% for the biggest rise on the Tel Aviv 35 Index today. NICE Systems Ltd. (Nasdaq: NICE; TASE:NICE) rose 1.48%, Perrigo Company (NYSE:PRGO; TASE:PRGO) rose 1.59% and Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) rose 1.30%.

OPC Energy (TASE: OPCE) fell 2.01% for the biggest fall on the Tel Aviv 35 Index today. ICL (TASE: ICL: NYSE: ICL) fell 0.57% and Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) fell 1.48%.

Published by Globes, Israel business news - en.globes.co.il - on October 20, 2021.

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

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