Tue: El Al down sharply as TASE loses ground

El Al and Enlight led the declines today as Bezeq bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.39% to 3,016.50 points; the Tel Aviv 125 Index fell 0.61% to 3,078.79 points; and the BlueTech Global Index fell 1.37% to 530.13 points. The All Bond corporate bond index fell 0.11% to 408.61 points. Turnover totaled NIS 3.80 billion in equities and NIS 5.21 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.539% from Monday, at NIS 3.355/$, and the representative shekel-euro rate was set 0.531% higher at NIS 3.936/€.

El Al Israel Airlines Ltd. (TASE:ELAL) fell 7.88% today on news that some major foreign airlines will be resuming Israel flights in the coming few weeks.

Enlight Renewable Energy (Nasdaq: ENLT; TASE: ENLT) fell 3.96% for the biggest fall on the Tel Aviv 35 Index today. Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) fell 1.10% and Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 1.22%. Shufersal Ltd. (TASE:SAE) fell 1.47% and Azrieli Group (TASE: AZRG) fell 2.37%.

Bank Hapoalim (TASE: POLI) led the market today, rising 0.14% on the day's biggest trading turnover. Bank Leumi (TASE: LUMI) rose 0.68% and Israel Discount Bank (TASE: DSCT) rose 1.46%.

Bezeq Israel Telecommunications Company Ltd. (TASE:BZEQ rose 3.08% for the biggest rise on the Tel Aviv 35 Index today and Nice (Nasdaq: NICE; TASE:NICE) rose 1.78%.

Published by Globes, Israel business news - en.globes.co.il - on July 8, 2025.

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

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