Mon: TASE resumes strong gains

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

The Tel Aviv Stock Exchange rose sharply today. The Tel Aviv 35 Index rose 0.97% to 2,515.48 points; the Tel Aviv 125 Index rose 0.95% to 2,588.35 points; and the BlueTech Global Index rose 1.13% to 494.68 points. The All Bond corporate bond index rose 0.08% to 399.97 points. Turnover totaled NIS 2.65 billion in equities and NIS 4.97 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.338% from Friday, at NIS 3.562/$, and the representative shekel-euro rate was set 0.217% lower at NIS 3.680/€.

First International Bank of Israel (TASE:FTIN1; FTIN5) led the market today, rising 1.01% on the day's biggest trading turnover. Bank Leumi (TASE: LUMI) rose 0.53% and Bank Hapoalim (TASE: POLI) rose 0.80%. Mizrahi Tefahot Bank rose 0.52% and Israel Discount Bank (TASE: DSCT) rose 0.70%.

OPC Energy (TASE: OPCE) rose 3.67% for the joint highest rise on the Tel Aviv 35 Index. ICL (TASE: ICL: NYSE: ICL) rose 3.09% and parent company Israel Corp. (TASE: ILCO) also rose 3.71%. Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) rose 0.98% on strong fourth quarter results and Nova Ltd. (Nasdaq:NVMI; TASE:NVMI) rose 0.90%. NICE Systems Ltd. (Nasdaq: NICE; TASE:NICE) rose 3.61%.

Melisron (TASE: MLSR) fell 1.34% for the biggest fall on the Tel Aviv 35 Index and Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) fell 0.29%.

Outside of the Tel Aviv 35 Index, El Al Israel Airlines Ltd. (TASE:ELAL) rose 4.30%.

Published by Globes, Israel business news - en.globes.co.il - on February 10, 2025.

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

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