Wed: TASE resumes falls as trade war intensifies

Enlight and Delek led the losses today as Bezeq and Shufersal bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 1.49% to 2,371.74 points; the Tel Aviv 125 Index fell 1.66% to 2,403.99 points; and the BlueTech Global Index fell 2.27% to 415.13 points. The All Bond corporate bond index fell 0.30% to 395.29 points. Turnover totaled NIS 3.21 billion in equities and NIS 6.69 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 1.218% from Tuesday, at NIS 3.813/$, and the representative shekel-euro rate was set 2.195% higher at NIS 3.992/€.

Bank Hapoalim (TASE: POLI) led the market today, falling 1.66% on the day's biggest trading turnover. Bank Leumi (TASE: LUMI) fell 1.99%, Israel Discount Bank (TASE: DSCT) fell 2.29% and Mizrahi Tefahot Bank fell 0.84%.

Enlight Renewable Energy fell 8.38% for the biggest fall on the Tel Aviv 35 Index today. Delek Group (TASE: DELKG) fell 4.07%, NICE Systems Ltd. (Nasdaq: NICE; TASE:NICE fell 2.81% and Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 4.90%.

Shufersal Ltd. (TASE:SAE) rose 2.9% for the biggest rise on the Tel Aviv 35 Index today. Bezeq Israel Telecommunications Company Ltd. (TASE:BZEQ rose 2.41%, Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) rose 1.18% and ICL (TASE: ICL: NYSE: ICL) rose 0.82%.

Published by Globes, Israel business news - en.globes.co.il - on April 9, 2025.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2025.

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