Tel Aviv stock indices fall, Teva Pharmaceuticals hits annual high By Investing.com
From Investing.com:
In Tel Aviv, the stock market took a hit with the Tel Aviv 35 and 125 indices both closing down. However, Teva Pharmaceutical Industries soared to an annual high amidst the decline, standing out as a bright spot in the market.
The Tel Aviv Stock Exchange saw varied performances among companies, with Energix Renewable Energies experiencing one of the steepest drops, highlighting the divergent paths companies are taking.
In the foreign exchange market, the shekel-dollar rate increased slightly while the shekel-euro rate decreased, reflecting subtle shifts in currency valuations that could impact international trading and investor decisions.
Despite the market downturn, equity trading volumes were robust with transactions totaling NIS 752 million, indicating active engagement by investors in the market.
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