Tel Aviv Stock Exchange Credit: Shutterstock

TASE up strongly at opening; Shufersal jumps

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The major indices on the Tel Aviv Stock Exchange are up considerably in early buying and selling now, soon after a delayed opening since of volatility in the pre-opening period. US markets rose strongly on Friday, with the S&P 500 Index closing 2.39% greater, and important arbitrage gaps opened up in dual-stated Israeli stocks. The Tel Aviv 35 Index is currently up 1.80%, at 1,907.9 factors, and the BlueTech International Index is up 2.56%, at 416.73 points. Final week, the Tel Aviv 35 Index fell 3.2%.

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The most noteworthy advancer is Shufersal, up 7.96% at this stage. There are also considerable rises in Nofar, up 6.27% Opko Wellbeing, up 6.03% Delta Galil, up 5.84% and Nova Measuring Instruments, up 5.38%.

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As for the top shares at this phase, Delek Team is up 4.19%, Bank Leumi is up .94%, Lender Hapoalim is up .82%, Shufersal, as outlined, is up 7.96%, and ICL is up 2.74%.

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The shekel strengthened in opposition to the greenback and the euro in Friday. The consultant shekel-dollar rate fell 1.56%, to NIS 3.412/$, and the representative shekel-euro rate fell 1.87%, to NIS 3.5514/€.

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Posted by Globes, Israel business information – en.globes.co.il – on May well 15, 2022.

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