Wed: Teva plunge weighs on TASE gains

Teva fell sharply after disappointing 2025 guidance while insurance stocks Phoenix and Harel led the market higher.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.22% to 2,473.23 points; the Tel Aviv 125 Index rose 0.53% to 2,519.46 points; and the BlueTech Global Index rose 0.59% to 478.69 points. The All Bond corporate bond index rose 0.06% to 396.26 points. Turnover totaled NIS 2.68 billion in equities and NIS 7.65 billion in bonds.

The Bank of Israel set the representative shekel-dollar rate down 0.498% from Tuesday, at NIS 3.60/$, and the representative shekel-euro rate was set 0.756% lower at NIS 3.741/€.

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) led the market today, falling 14.96% on the day's biggest trading turnover, for the biggest fall on the Tel Aviv 35 Index, after providing disappointing guidance for 2025. NICE Systems Ltd. (Nasdaq: NICE; TASE:NICE) fell 1.38% and Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) fell 0.41%.

Bank Leumi (TASE: LUMI) rose 1.17% and Bank Hapoalim (TASE: POLI) rose 0.86%. Mizrahi Tefahot Bank rose 2.25% and Israel Discount Bank (TASE: DSCT) rose 1.66%.

Harel Insurance Investments and Financial Services Ltd. (TASE: HARL) rose 4.59% for the biggest rise on the Tel Aviv 35 Index today and Phoenix Finance (TASE: PHOE) rose 2.38%. ICL (TASE: ICL: NYSE: ICL) rose 2.29%, Nova Ltd. (Nasdaq:NVMI; TASE:NVMI) rose 2.66% and Camtek (Nasdaq: CAMT; TASE: CAMT) rose 1.42%.

Published by Globes, Israel business news - en.globes.co.il - on January 29, 2025.

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

Sun: TASE edges higher

NewMed Energy led the gains today as Teva once again lost ground.

Thu: TASE ends volatile week with strong gains

Nova jumped on strong fourth quarter results while ICL and parent company Israel Corp. led the declines.

Wed: TASE tumbles after high US inflation data

Nova and the banks led the TASE lower as Strauss Group bucked the market.

Tue: TASE lower amid Hamas truce concerns

Tower Semiconductor led the losses on the TASE today as Camtek and Nova bucked the market.

Mon: TASE resumes strong gains

NICE Systems and ICL rose strongly today as Melisron led the declines.

Sun: TASE down as Teva declines continue

Teva and NICE Systems lost ground as the banks rose.

Thu: TA 35 Index up 2.4% for week

Camtek and NICE led the gains today and Mivne led the declines as the market closed the day mixed.

Wed: Trump's plans boost TASE

Phoenix and Harel led the gains today while Teva continued to decline.

Tue: TASE rebounds strongly

Alony Hetz led the gains today after reporting that Aaron Frenkel had become its biggest shareholder, while Teva fell again.

Mon: Trump tariff threats spook world markets

Sapiens and Energean led the declines today as Tower Semiconductor led the gains.

Sun: TASE opens week higher

Delek and NewMed rose strongly as Teva and NICE Systems fell back.

Thu: Teva slide continues

The main indices fell today, to make it a negative week, with weakness in the banks, and Teva still under a cloud.

Wed: Teva plunge weighs on TASE gains

Teva fell sharply after disappointing 2025 guidance while insurance stocks Phoenix and Harel led the market higher.

Tue: TASE edges higher as market recovers

The banks bounced back today but chip companies Tower and Camtek fell further.

Mon: China's DeepSeek unsettles markets

Chip companies Nova, Camtek and Tower led the huge losses after Chinese startup DeepSeek launched a free AI assistant, developed at a fraction of the price invested by OpenAI.

Sun: NICE Systems jumps

The TASE edged higher today led by NICE Systems and Teva while the banks declined.

Thu: TA 35 closes week off

After a very strong start to the year, the Tel Aviv Stock Exchange stuttered somewhat this week,

Wed: Renewable energy stocks weigh on TASE

Renewable energy companies Enlight and Energix led the declines today as Nova and Camtek bucked the market.

Tue: Elbit gains on flat TASE

Elbit Systems and Bezeq led the gains on the TASE today as Teva and El Al fell back.

Mon: El Al gains strongly on flat TASE

El Al rose strongly on news of its talks to gain permission to distribute a dividend as the banks declined.

Sun: TASE opens week with continuing strong gains

ICL and the banks led the market higher today as NICE and Elbit lost ground.

Thu: Camtek, Nova surge; El Al dips

The main TASE indices kept up their powerful opening to 2025, with the Tel Aviv 35 Index up 3.1% for the week.

Wed: Imminent Gaza deal lifts TASE

Nova and Camtek led he gains today as El Al slipped.

Tue: Hostage release reports boost TASE

Nova and NICE Systems led the Tel Aviv 35 Index to yet another new record today.

Mon: TASE mixed as banks gain

Shares in the Tel Aviv Stock Exchange's own stock fell sharply after the company bought back 4.82% of its own shares, part of the stake held by the Manikay Partners hedge fund.

Sun: El Al leads market higher

El Al and Delek Group led the gains today while Ormat and Teva slipped.

Thu: Elbit Systems, El Al stand out

The positive start to 2025 continues, with the Tel Aviv 35 Index up 1.5% for the week.

Wed: Banks lead market losses

The banks and real estate stocks led the declines today as Teva and Elbit bucked the market.

Tue: Bezeq gains on flat TASE

Bezeq, Teva and Camtek led the gains today as Ormat and Shufersal slipped.

Mon: Chip cos lead TA 35 Index to new record

Camtek and Nova led the strong gains today but Teva slipped.

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