Sun: Tower leads strong TASE gains

Tower and Clal Insurance led the market higher today as Elbit systems and Teva lost ground.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 1.34% to 3,038.79 points, the Tel Aviv 125 Index rose 1.73% to 3,117.23 points; and the BlueTech Global Index rose 1.80% to 551.17 points. The All Bond corporate bond index rose 0.21% to 411.98 points. Turnover totaled NIS 1.46 billion in equities and NIS 1.52 billion in bonds.

On the foreign exchange market, the representative shekel-dollar rate was set 0.38% lower on Friday, at NIS 3.406/$, and the representative shekel-euro rate was set 0.866% lower, at NIS 3.950/€.

Phoenix Financial (TASE: PHOE) led the market today, rising 1.29% on the day's biggest trading turnover and and Clal Insurance Enterprise Holdings (TASE: CLIS) rose 4.49%. Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) rose 7.7% for the biggest rise on the Tel aviv 35 Index today and Azrieli Group (TASE: AZRG) rose 3.32%.

Bank Leumi (TASE: LUMI) rose 0.87% and Bank Hapoalim (TASE: POLI) rose 1.50%. Mizrahi Tefahot Bank rose 2.52% and Israel Discount Bank (TASE: DSCT) rose 1.22%.

Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) fell 2.75% for the biggest fall on the Tel Aviv 35 index today. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 0.62% and Bezeq Israel Telecommunications Company Ltd. (TASE:BZEQ fell 1.01%.

Outside of the Tel Aviv 35 index, Alony Hetz (TASE: ALHE) rose 7.57%.

Published by Globes, Israel business news - en.globes.co.il - on August 24, 2025.

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

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