Wed: TASE rally picks up momentum

NICE Systems and the banks lifted the market today while ICL and Elbit Systems lost ground.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 1.14%, to 1,901.97 points; the Tel Aviv 125 Index rose 1.11%, to 1,963.47 points; and the BlueTech Global Index rose 1.31% to 427.31 points. The All Bond corporate bond index rose 0.06% to 374.22 points. Turnover totaled NIS 1.66 billion in equities and NIS 3.65 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.349% today from Tuesday, at NIS 3.447/$, and the representative shekel-euro rate was set 0.210% lower at NIS 3.517/€.

On the market ICL (TASE: ICL: NYSE: ICL) fell 3.01% on the day's biggest trading turnover and parent company Israel Corp. (TASE: ILCO) fell 3.92% for the biggest fall on the Tel Aviv 35 Index. Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) fell 2.94%.

Bank Leumi (TASE:LUMI) rose 1.88%, Bank Hapoalim (TASE: POLI) rose 3.53%, Mizrahi Tefahot Bank rose 2.13% and Israel Discount Bank (TASE: DSCT) rose 2.33%.

LivePerson (Nasdaq: LPSN; TASE: LPSN) rose by 10.23% for the biggest gain on the Tel Aviv 35 Index today. NICE-Systems Ltd. (Nasdaq: NICE; TASE:NICE) rose by 4.02%, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose by 2.45% and Bezeq Israel Telecommunications Company Ltd. (TASE:BZEQ) rose 2.32%.

Published by Globes, Israel business news - en.globes.co.il - on July 20 2022.

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

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