The main indices on the Tel Aviv Stock Exchange are up substantially in early trading today, after a delayed opening because of volatility in the pre-opening phase. US markets rose strongly on Friday, with the S&P 500 Index closing 2.39% higher. Significant arbitrage gaps opened up in dual-listed Israeli stocks. The Tel Aviv 35 Index is currently up 1.80%, at 1,907.9 points, and the BlueTech Global Index is up 2.56%, at 416.73 points. Last week, the Tel Aviv 35 Index fell 3.2%.
The most notable advancer is Shufersal, up 7.96% at this stage. There are also substantial rises in Nofar, up 6.27%; Opko Health, up 6.03%; Delta Galil, up 5.84%; and Nova Measuring Instruments, up 5.38%.
As for the leading stocks at this stage, Delek Group is up 4.19%, Bank Leumi is up 0.94%, Bank Hapoalim is up 0.82%, Shufersal, as mentioned, is up 7.96%, and ICL is up 2.74%.
The shekel strengthened against the dollar and the euro in Friday. The representative shekel-dollar rate fell 1.56%, to NIS 3.412/$, and the representative shekel-euro rate fell 1.87%, to NIS 3.5514/€.
Published by Globes, Israel business news – en.globes.co.il – on May 15, 2022.
© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.
Stay connected with us on social media platform for instant update click here to join our Twitter, & Facebook
We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.
For all the latest Business News Click Here
For the latest news and updates, follow us on Google News.
Denial of responsibility! NewsAzi is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
