Tel Aviv's leading indices are rising by 1% and counting at the opening of the Thursday session despite the Nasdaq's 2.04% drop on Wednesday.

The Maof-25 index of blue chips is gaining 1.6% to 383.3 points and the TA-100 index is up 1.07% to 375.56 points. Turnover is thin at NIS 15 million.

Teva Pharmaceuticals (Nasdaq:TEVA) is dropping 1.2% against the trend on hefty turnover of NIS 1.7 million after opening on a negative arbitrage gap of 1.3%.

Bank Leumi is rising 1.2% on NIS 1 million volume of trade and Bank Hapoalim is adding 1.2%.

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Phone company Bezeq is up 1.5%, completing a 4% gain over the last two trading days, after suffering sharp losses of late.

Mineral water company Mayanot Eden is diving 7% on NIS 120,000 turnover for no apparent reason.