Mon: Banks, insurance stocks lead TASE rebound

Bank Hapoalim, Harel and Phoenix led the gains today as ICL, NICE and Ormat fell back.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.61%, to 1,912.78 points; the Tel Aviv 125 Index rose 0.28%, to 1,993.92 points; but the BlueTech Global Index fell 0.59% to 469.12 points. The All Bond corporate bond index fell 0.18% to 383.99 points. Turnover totaled NIS 1.94 billion in equities and NIS 3.02 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.12% from Friday, at NIS 3.268/$, and the representative shekel-euro rate was set 0.09% lower at NIS 3.581/€.

On the market, Israel Phoenix Assurance Ltd. (TASE:PHOE1; PHOE5) rose 4.52% and Harel Insurance Investments and Financial Services Ltd. (TASE: HARL) rose 4.36%. Bank Leumi (TASE:LUMI rose 1.94% and Bank Hapoalim (TASE: POLI) rose 3.44% on the day’s biggest trading turnover. Israel Discount Bank (TASE: DSCT) rose 1.96% and Mizrahi Tefahot Bank (TASE:MZTF) rose 2.70%. Opko Health Inc. (NYSE: OPK; TASE: OPK) rose 4.59% for the biggest gain on the Tel Aviv 35 Index today.

Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) fell 2.75% for the biggest fall on the Tel Aviv 35 Index today. ICL (TASE: ICL: NYSE: ICL) fell 2.69% and NICE-Systems Ltd. (Nasdaq: NICE; TASE:NICE) fell 1.41%.

Published by Globes, Israel business news – – on March 14, 2022.

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