The Tel Aviv Stock Exchange opened trade on a positive note after Nasdaq closed up last night and the IDF pulled out of Hebron. The Maof-25 blue chip index is currently up 1% to 379.8 points and the TA-100 is also adding 1% to 366.4 points. Technology shares are climbing 1.5% to 216.6 points. Turnover is a slim NIS 5 million.
Teva is swelling 1.7% on the market's highest turnover, NIS 2 million, overtaking the positive arbitrage spread with which the company started the day.
Discount Investments is recovering 1.9% on affiliate Cellcom's good financials reported yesterday, which included NIS 175 million in net profits for Q1.
The two major banks are on the way up this morning. Bank Hapoalim is adding on 0.7% and Bank Leumi an even heavier 1.2%.
The communications sector is headed up with Bezeq gaining 0.4% and Partner (Nasdaq: PTNR) up 2.3%.