Wed: Phoenix, ICL, Teva lead sustained rise

The main indices rose again today despite weakness in the banks.

The main indices on the Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.31%, to 2,322.66 points; the Tel Aviv 125 Index rose 0.29%, to 2,364.61 points; and the BlueTech Global Index rose 0.46%, to 434.22 points. The Tel Bond 60 corporate bond index fell 0.01%, to 374.88 points. Turnover was NIS 2.55 billion in equities and NIS 3.91 billion in bonds.

On the foreign exchange market, the representative shekel-dollar exchange rate was set 0.85% lower, at NIS 3.6030/$, and the representative shekel-euro rate was set 0.97% lower, at NIS 3.7830/€.

The Phoenix Holdings led trading today, and rose 1.47%. Bnak Leumi fell 0.79%; Bank Hapoalim fell 0.53%; ICL, which signed a new three-year agreement to supply potash to China on Monday and rose 5.7% yesterday, rose another 4.26%; and Teva rose 3.24%.

Notable advancers today were Opko Health, up 5.95%; Nofar Energy, up 5.26%; ICL parent company Israel Corp., up 5.24%; and Strauss Group, up 4.55%. Bazan fell 2.85%, Carasso fell 2.79%, Yochananof fell 2.77%, and El Al fell 2.74%.

Published by Globes, Israel business news - en.globes.co.il - on December 4, 2024.

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