Wed: TASE back on the rise

Camtek led the gains today as NICE Systems and ICL fell back.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.45% to 2,471.97 points; the Tel Aviv 125 Index rose 0.42% to 2,542.50 points; but the BlueTech Global Index fell 0.39% to 471.31 points. The All Bond corporate bond index fell 0.03% to 399.99 points. Turnover totaled NIS 1.88 billion in equities and NIS 7.98 billion in bonds.

The Bank of Israel set the representative shekel-dollar rate down 0.084% today from Tuesday, at NIS 3.576/$, and the representative shekel-euro rate was set 0.186% lower at NIS 3.750/€.

ICL (TASE: ICL: NYSE: ICL) led the market today, falling 3.7% on the day's biggest trading turnover, after publishing disappointing fourth quarter results, while parent company Israel Corp. (TASE: ILCO) fell 3.43%. NICE Systems Ltd. (Nasdaq: NICE; TASE:NICE) fell 3.78% for the biggest fall on the Tel Aviv 35 Index.

Bank Leumi (TASE: LUMI) rose 1.06%, Bank Hapoalim (TASE: POLI) rose 1.99%, and Mizrahi Tefahot Bank (TASE: MZTF) rose 0.83%.

Camtek (Nasdaq: CAMT; TASE: CAMT) rose 3.73% for the biggest rise on the Tel Aviv 35 Index. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 1.77% and Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) rose 2%. BIG Shopping Centers (TASE: BIG) rose 2.33% on the eve of the opening of the BIG Fashion strip mall in Glilot and OPC Energy (TASE: OPCE) rose 3.42%.

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

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

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