Wed: TASE gains accelerate

Bezeq rose strongly after positive Q2 results but Teva gave us some of its recent gains.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 1.71%, to 2,024 points; the Tel Aviv 125 Index rose 1.72%, to 2,076.30 points; and the BlueTech Global Index rose 0.57% to 433.21 points. The All Bond corporate bond index rose 0.03% to 377.77 points. Turnover totaled NIS 1.97 billion in equities and NIS 3.12 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate down 0.484% today from Tuesday, at NIS 3.291/$, and the representative shekel-euro rate was set 0.532% lower at NIS 3.365/€.

On the market, Shikun & Binui Holdings Ltd. (TASE: SKBN) rose 5.43% for the biggest gain on the Tel Aviv 35 Index today. Bezeq Israel Telecommunications Company Ltd. (TASE:BZEQ) rose 3.14% on the day's biggest trading turnover. NICE-Systems Ltd. (Nasdaq: NICE; TASE:NICE) rose 2.98%, and Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) rose 0.98%.

Bank Leumi (TASE:LUMI) rose 3.17%, Bank Hapoalim (TASE: POLI) rose 2.87%, Israel Discount Bank (TASE: DSCT) rose 3.08%, and Mizrahi Tefahot Bank rose 2.16%.

Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) fell 1.76%, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 1.28%, and Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) fell 2.59% for the biggest fall on the Tel Aviv 35 Index today.

Published by Globes, Israel business news - en.globes.co.il - on August 10 2022.

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

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