Wed: Teva soars on mixed TASE

Teva rose sharply after better than expected Q2 results as ICL and NICE Systems fell.

The Tel Aviv Stock Exchange was mixed today. The Tel Aviv 35 Index rose 0.04%, to 1,862.35 points; the Tel Aviv 125 Index fell 0.11%, to 1,877.02 points; and the BlueTech Global Index fell 0.74% to 377.90 points. The All Bond corporate bond index fell 0.11% to 372.22 points. Turnover totaled NIS 1.78 billion in equities and NIS 3.11 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.027% from Tuesday, at NIS 3.654/$, and the representative shekel-euro rate was set 0.05% higher at NIS 4.011/€.

On the market, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 13.23% for the biggest rise on the Tel Aviv 35 Index on the day's largest trading turnover, after reporting strong second quarter results and raising guidance. Bank Hapoalim (TASE: POLI) rose 0.30%, Mizrahi Tefahot Bank rose 0.45% and Strauss Group (TASE: STRS) rose 0.91%.

OPC Energy fell 2.58% for the biggest fall on the Tel Aviv 35 Index. Bank Leumi (TASE:LUMI) fell 1.33%, Israel Discount Bank (TASE: DSCT) fell 2.12% and First International Bank of Israel (TASE:FTIN1; FTIN5) fell 1.01%. ICL (TASE: ICL: NYSE: ICL) fell 1.35% and NICE Systems Ltd. (Nasdaq: NICE; TASE:NICE) fell 1.48%.

Published by Globes, Israel business news - en.globes.co.il - on August 2, 2023.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2023.

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