Mon: ICL leads TASE lower

ICL and Teva led the declines today as airlines El Al and Israir continued to rise.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.22% to 2,648.57 points; the Tel Aviv 125 Index fell 0.41% to 2,694.72 points; and the BlueTech Global Index fell 0.22% to 478.94 points. The All Bond corporate bond index fell 0.10% to 401.13 points. Turnover totaled NIS 2.39 billion in equities and NIS 6.69 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.085% from Friday, at NIS 3.552/$, and the representative shekel-euro rate was set 0.596% higher at NIS 4.001/€.

ICL (TASE: ICL: NYSE: ICL) fell 3.22% for the biggest fall on the Tel Aviv 35 Index today after reporting its first quarter financial results. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 1.26%, Mizrahi Tefahot Bank fell 0.46% and Fattal Holdings (1998) Ltd. (TASE: FTAL) fell 1.41%.

Bank Hapoalim (TASE: POLI) led the market today, rising 0.77% on the day's biggest trading turnover, after reporting strong first quarter results. Nice (Nasdaq: NICE; TASE:NICE) rose 2.41% and Shufersal Ltd. (TASE:SAE) rose 1.52%. Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) rose 3.56% for the biggest rise on the Tel Aviv 35 Index.

Outside of the Tel Aviv 35 Index, El Al Israel Airlines Ltd. (TASE:ELAL) rose 1.86% and Israir (TASE: ISRG) rose 2.51%, resuming their strong gains as foreign airlines continue suspending flights to Israel.

Published by Globes, Israel business news - en.globes.co.il - on May 18, 2025.

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

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018