Wed: TASE gains mount

Energean and the banks led the market higher today as Delek Group lost ground.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 1.39%, to 1,865.78 points; the Tel Aviv 125 Index rose 1.43% to 1,895.33 points; and the BlueTech Global Index rose 1.15% to 373.40 points. The All Bond corporate bond index rose 0.10% to 380.27 points. Turnover totaled NIS 2.35 billion in equities and NIS 3.27 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.137% from Tuesday, at NIS 3.648/$, and the representative shekel-euro rate was set 0.128% higher at NIS 3.990/€.

Bank Leumi (TASE:LUMI) led the market today, rising 3.11% on the day's biggest trading turnover. Bank Hapoalim (TASE: POLI) rose 2.51%, Israel Discount Bank (TASE: DSCT) rose 2.17% and Mizrahi Tefahot Bank rose 3.03%.

Energean plc (LSE: ENOG; TASE: ENOG) rose 4.08% for the biggest rise on the Tel Aviv 35 Index today. NICE Systems Ltd. (Nasdaq: NICE; TASE:NICE) rose 1.64%, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 1.87% and Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) rose 0.64%

Camtek (Nasdaq: CAMT; TASE: CAMT) fell 1.83% for the biggest fall on the Tel Aviv 35 Index today. Delek Group Ltd. (TASE:DLEKG) fell 0.71% after reports that the Norwegian sovereign wealth fund is selling its stake in the company, and Strauss Group (TASE: STRS) fell 0.64%.

Published by Globes, Israel business news - en.globes.co.il - on December 20, 2023.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2023.

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