Wed: Teva soars to boost TASE rally

Teva rose strongly after publishing its third quarter results as Elbit and the banks fell.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 1.02% to 3,350.98 points, the Tel Aviv 125 Index rose 0.82% to 3,410.08 points; and the BlueTech Global Index fell 0.05% to 597.86 points. The All Bond corporate bond index fell 0.05% to 597.86 points. Turnover totalled NIS 3.84 billion in equities and NIS 4.13 billion in bonds.

On the foreign exchange market, the representative shekel-dollar rate was set 0.276% lower from Tuesday, at NIS 3.250/$, and the representative shekel-euro rate was set 0.424% lower, at NIS 3.783/€.

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) led the market today, rising 17.19% on the day’s biggest trading turnover, for the largest rise on the Tel Aviv 35 Index today, after posting strong third quarter results and raising its 2025 guidance. Menora Mivtachim (TASE: MMHD) rose 2.67% and Clal Insurance Enterprise Holdings (TASE: CLIS) rose 2.12%. Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) rose 1.19% and Delek Group (TASE: DELKG) rose 1.19%. Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) rose 1.85%.

Bank Leumi (TASE: LUMI) fell 0.63% and Bank Hapoalim (TASE: POLI) fell 0.53%. Mizrahi Tefahot Bank fell 0.18% and Israel Discount Bank (TASE: DSCT) fell 0.70%.

Enlight Renewable Energy (Nasdaq: ENLT; TASE: ENLT) fell 3.15% for the biggest fall on the Tel Aviv 35 Index today. Nova Ltd. (Nasdaq:NVMI; TASE:NVMI) fell 1.59%, Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) fell 1.18% and Nice (Nasdaq: NICE; TASE:NICE) fell 1.34%.

Published by Globes, Israel business news - en.globes.co.il - on November 5, 2025.

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

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