Thu: TASE ends week sharply lower

The banks and NICE Systems fell sharply today as Energean and Teva bucked the market.

The Tel Aviv Stock Exchange fell sharply today. The Tel Aviv 35 Index fell 1.76%, to 1,968.64 points; the Tel Aviv 125 Index fell 1.80% to 1,938.08 points; and the BlueTech Global Index fell 1.07% to 398.24 points. The All Bond corporate bond index fell 0.17% to 378.37 points. Turnover totaled NIS 2.80 billion in equities and NIS 3.78 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.081% from Wednesday, at NIS 3.719/$, and the representative shekel-euro rate was set 0.118% lower at NIS 3.989/€.

NICE Systems Ltd. (Nasdaq: NICE; TASE:NICE) led the market today, falling 3.71% on the day's biggest trading turnover. Nova Ltd. (Nasdaq:NVMI; TASE:NVMI) fell 1.73% and Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) fell 1.10%.

Israel Discount Bank (TASE: DSCT) fell 4.01% for the biggest fall on the Tel Aviv 35 Index today. Bank Hapoalim (TASE: POLI) fell 2.81%, Bank Leumi (TASE:LUMI) fell 2.95% and Mizrahi Tefahot Bank (TASE: MZTF) fell 3.39%.

Energean plc (LSE: ENOG; TASE: ENOG) rose 4.12% for the biggest rise on the Tel Aviv 35 Index after selling its Egyptian, Italian and Croatian assets for a big profit. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 0.90%.

Published by Globes, Israel business news - en.globes.co.il - on June 20, 2024.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2024.

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