Wed: Energean leads TASE lower

Energean and Teva led the declines today as El Al and Israir bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.62% to 2,626.73 points; the Tel Aviv 125 Index fell 0.86% to 2,661.08 points; and the BlueTech Global Index fell 0.04% to 473.43 points. The All Bond corporate bond index fell 0.21% to 399.46 points. Turnover totaled NIS 2.92 billion in equities and NIS 6.28 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.681% from Tuesday, at NIS 3.549/$, and the representative shekel-euro rate was set 1.582% higher at NIS 4.027/€.

Bank Hapoalim (TASE: POLI) led the market today, falling 0.02% on the day's biggest trading turnover. Israel Discount Bank (TASE: DSCT) fell 1.53%, Mizrahi Tefahot Bank fell 0.25% and Bank Leumi (TASE: LUMI) fell 0.50%.

Energean plc (LSE: ENOG; TASE: ENOG) fell 3.17% for the biggest fall on the Tel Aviv 35 Index. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 1.37% and Nova Ltd. (Nasdaq:NVMI; TASE:NVMI) fell 0.95%.

OPC Energy (TASE: OPCE) rose 5.54% for the biggest rise on the Tel Aviv 35 Index today. Camtek (Nasdaq: CAMT; TASE: CAMT) rose 1.70% and Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) rose 1.11%. Nice (Nasdaq: NICE; TASE:NICE) rose 0.60% and Strauss Group (TASE: STRS) rose 1.57%.

Outside of the Tel Aviv 35 Index, El Al Israel Airlines Ltd. (TASE:ELAL) rose 5.94% after reporting strong first quarter results and Israir (TASE: ISRG) rose 0.69%.

Published by Globes, Israel business news - en.globes.co.il - on May 21, 2025.

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

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