Tel Aviv Stock Exchange Ends Hebrew Year with Declines
Translated & summarized from Ice by baba
The Tel Aviv Stock Exchange closed the Hebrew year with declines in its main indices, TA-35 and TA-125. Elbit Systems and Palo Alto Networks were among the top gainers, while OPC Energy and Canon were among the biggest decliners.
The story in 5 lines · by baba
- Tel Aviv Stock Exchange indices fell to end the Hebrew year.
- TA-35 dropped 1.22%, TA-125 lost 1.38%.
- Elbit Systems and Palo Alto Networks saw significant gains.
- OPC Energy and Canon were among the largest decliners.
- Trading concluded on Thursday.
The Tel Aviv Stock Exchange concluded the Hebrew year on Thursday with a negative trend in its leading indices. The TA-35 index fell by 1.22% to close at 4,221.4 points, while the TA-125 index dropped 1.38% to settle at 4,121.8 points.
Despite the overall downturn, several stocks saw significant gains. Elbit Systems, which recently unveiled a new robotics unit, led the rising stocks, climbing 2.61%. Palo Alto Networks followed with a 2.07% increase, and Beit Shemesh advanced by 1.83%.
Matrix also finished the trading day higher, adding 1.43%, and One Technologies rounded out the top five gainers with a 1.31% rise.
On the downside, OPC Energy was the biggest decliner, dropping 5.73%. Canon lost 5.39%, and Amram fell 5.24%. Alony Hetz registered a 5.08% decrease, and Energean completed the list of top decliners with a 5.04% drop.
In summary, the trading day marked the end of the Hebrew year with declines in the main indices, though notable companies like Elbit Systems and Palo Alto Networks experienced gains, while OPC Energy, Canon, and Amram saw significant losses.
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