Wed: Chip cos drag TASE down

Tower, Nova and Camtek led the TASE lower today as Delek bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.95% to 2,975.39 points, the Tel Aviv 125 Index fell 0.87% to 3,006.53 points; and the BlueTech Global Index fell 1.58% to 536.58 points. The All Bond corporate bond index fell 0.01% to 410.97 points. Turnover totaled NIS 2.90 billion in equities and NIS 4.48 billion in bonds.

On the foreign exchange market, the representative shekel-dollar rate was set 0.592% higher than Tuesday, at NIS 3.400/$, and the representative shekel-euro rate was set 0.314% higher, at NIS 3.962/€.

Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) fell 5.64% for the biggest fall on the Tel Aviv 35 Index after rising 9.01% yesterday. Camtek (Nasdaq: CAMT; TASE: CAMT) fell 3.24% and Nova Ltd. (Nasdaq:NVMI; TASE:NVMI) fell 4.97%.

Bank Hapoalim (TASE: POLI) led the market today, falling 0.64% on the day's biggest trading turnover and Bank Leumi (TASE: LUMI) fell 0.33%. Azrieli Group (TASE: AZRG) fell 3.49% and ICL (TASE: ICL: NYSE: ICL) fell 0.42%.

Delek Group (TASE: DELKG) rose 2.86% for the biggest rise on the Tel Aviv 35 Index today after publishing strong Q2 results. Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) rose 1.47%, Enlight Renewable Energy (Nasdaq: ENLT; TASE: ENLT) rose 1.68%, and Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) rose 1.50%.

Outside of the Tel Aviv 35 Index, Beit Shemesh Engines (TASE: BSEN) fell 4.26%.

Published by Globes, Israel business news - en.globes.co.il - on August 20, 2025.

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

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