Thu: TASE falters but still posts strong gains for week

The banks fell back today, but the insurance sector is still surging.

The main indices on the Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.81%, to 2,904.71 points, and the Tel Aviv 125 Index fell 0.71%, to 2,952.41 points. The BlueTech Global Index rose 0.37%, to points. The Tel Bond 60 corporate bond index rose 0.05%, to 400.19 points. Turnover totaled NIS 4.92 billion in equities and NIS 10.71 billion in bonds.

For the week, the Tel Aviv 35 Index rose 2.5%. The index is up 21.3% for the year to date.

The Tel Aviv Insurance Index rose 10.6% this week, and the Tel Aviv Real Estate Index rose 6.4%.

On the foreign exchange market, the representative shekel-US dollar exchange rate was set 0.21% lower, at 3.4020/$, and the representative shekel-euro rate was set 0.62% higher, at 3.9810/€.

Bank Leumi led trading today, and fell 1.71%. Bank Hapoalim fell 0.80%; Discount Bank fell 0.96%; Mizrahi Tefahot Bank fell 1.95%; and Elbit Systems closed flat.

Notable advancers today were Meshek Energy, up 7.45%, Lapidoth, up 6.07% after a NIS 130 million buyback of its shares, and Migdal Insurance, up 4.82%. Retailors fell 6.18%, El Al fell 4.55%, and Bazan fell 3.62%.

Published by Globes, Israel business news - en.globes.co.il - on June 26, 2025.

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

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