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Tue: Nice tumbles as TASE falls sharply

The Tel Aviv Stock Exchange experienced significant declines today, with major indices such as the Tel Aviv 35 and Tel Aviv 125 both falling by nearly 2 percent. The BlueTech Global Index saw an even sharper drop, while the corporate bond index edged down slightly. Trading volumes were substantial in both equities and bonds.

On the currency front, the shekel weakened against both the dollar and the euro. Despite the overall negative trend, some companies like NewMed Energy, Melisron, and Strauss Group posted gains. B Communications saw a notable rise after selling its controlling stake in Bezeq.

Original article source: https://en.globes.co.il/en/article-tue-nice-tumbles-as-tase-falls-sharply-1001526803
Source Id: 8961918432

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