Wed: TASE slips ahead of expected US rate hike

The banks rose and NICE Systems led the declines.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.04%, to 1,934.56 points; the Tel Aviv 125 Index rose 0.82%, to 1,958.44 points; and the BlueTech Global Index rose 0.59% to 383.69 points. The All Bond corporate bond index rose 0.41% to 367.55 points. Turnover totaled NIS 1.55 billion in equities and NIS 3.40 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.283% from yesterday, at NIS 3.540/$, and the representative shekel-euro rate was set 0.086% higher at NIS 3.501/€.

ICL (TASE: ICL: NYSE: ICL) led the market today, falling 0.94% on the day's biggest trading turnover. NICE-Systems Ltd. (Nasdaq: NICE; TASE:NICE) fell 3.61% for the biggest fall on the Tel Aviv 35 Index today. Bezeq Israel Telecommunications Company Ltd. (TASE:BZEQ) fell 0.85%, Kenon Holdings (NYSE: KEN; TASE: KEN) fell 1.03% and Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) fell 2.45%.

Amot Investments Ltd. (TASE:AMOT) rose 2.34% for the biggest rise on the Tel Aviv 35 Index today and Delek Group Ltd. (TASE:DLEKG) rose 1.74%. Bank Leumi (TASE:LUMI) rose 1.39%, Bank Hapoalim (TASE: POLI) rose 0.56%, Mizrahi Tefahot Bank rose 0.97%, and Israel Discount Bank (TASE: DSCT) rose 1.34%.

Published by Globes, Israel business news - en.globes.co.il - on November 2, 2022.

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

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