Wed: TASE resumes gains

The big banks and Nova led the market higher today but Teva and NICE declined.

The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 35 Index rose 0.46%, to 1,370.38 points; the Tel Aviv 125 Index rose 0.52%, to 1,413.84 points; and the BlueTech Global Index rose 0.72%, to 515.39 points. The TelBond 20 corporate bond index rose 0.22%, to 357.76 points. Turnover totaled NIS 1.25 billion in equities and NIS 4.38 billion in bonds.

On the foreign exchange market, the Bank of Israel set the shekel 0.059% lower from Tuesday at NIS 3.384/$, and the representative shekel-euro rate was set 0.533% down at NIS 3.972/€.

On the market, Nova Measuring Instruments Ltd. (Nasdaq:NVMI; TASE:NVMI) rose 6.40% for the biggest rise on the Tel Aviv 35 Index after upsizing its Wall Street bond offering. Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) rose 0.88%. Israel Discount Bank (TASE: DSCT) rose 2.69%, Bank Leumi (TASE: LUMI) rose 1.94%, Bank Hapoalim (TASE: POLI) rose 1.64% and Mizrahi Tefahot Bank (TASE:MZTF) rose 1.75%.

Sapiens International NV (Nasdaq: SPNS; TASE: SPNS) fell 5.23% for the biggest fall on the Tel Aviv 35 Index after filing for a $100 million offering on Nasdaq. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 2.51% and Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) fell 2.02%. NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) fell 1.62%, Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) fell 1.75% and Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) fell 1.94%.

Published by Globes, Israel business news - - on October 14, 2020

© Copyright of Globes Publisher Itonut (1983) Ltd. 2020

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018