The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 index rose 2.39% to 1,880.28 points; the Tel Aviv 125 index rose 2.56% to 1,939.07 points; and the BlueTech Global Index rose 2.28% to 411.79 points. The TelBond 60 corporate bond index rose 0.52% to 353.98 points. Turnover totaled NIS 2.66 billion in stocks and NIS 2.81 billion in bonds.

For the week, the Tel Aviv 35 index rose 0.2%. The index is down 4.9% since the start of the year.

In the foreign exchange market, the shekel-dollar representative rate increased by 0.12%, to NIS 3.3630/$, and the shekel-euro representative rate increased by 0.59%, to NIS 3.6047 /€.

Discount Bank led trading today and rose 1.11%. Bank Leumi rose 3.35%; Bank Hapoalim grew by 1.20%; Delek Group fell 4.18%; and Teva rose 5.81% after announcing a settlement with West Virginia in the opioid case.

Notable advances today were Israel Corporation, up 13.83%; Property & Building, up 11.77% after announcing that it would take out a new loan from its American lending bank to finance the HSBC building in New York; and Kvutzat Acro, up 10.46% after posting a first-quarter profit twice that of the corresponding period, at 231 million shekels. Malam Team fell 6.06% and IDI Insurance fell 4.79%.

Published by Globes, Israel business news – en.globes.co.il – on May 26, 2022.

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