3 weeks ago
Stock Market

Israel stocks higher at close of trade; TA 35 up 0.62%

Investing.com – Israel stocks were higher after the close on Wednesday, as gains in the Communication, Real Estate and Financials

Investing.com – Israel stocks were higher after the close on Wednesday, as gains in the Communication, Real Estate and Financials sectors led shares higher.

At the close in Tel Aviv, the TA 35 gained 0.62% to hit a new 1-month high.

The best performers of the session on the TA 35 were Bezeq Israeli Telecommunication Corp Ltd (TA:BEZQ), which rose 5.04% or 15.8 points to trade at 329.5 at the close. Meanwhile, Phoenix Holdings Ltd (TA:PHOE1) added 3.42% or 70 points to end at 2116 and Delek Drilling LP (TA:DEDRp) was up 2.32% or 27 points to 1190 in late trade.

The worst performers of the session were Teva Pharmaceutical Industries Ltd (TA:TEVA), which fell 2.23% or 145 points to trade at 6363 at the close. ICL Israel Chemicals Ltd (TA:ICL) declined 0.54% or 11 points to end at 2020 and Israel Corp (TA:ILCO) was down 0.38% or 400 points to 104100.

Rising stocks outnumbered declining ones on the Tel Aviv Stock Exchange by 248 to 136 and 32 ended unchanged.

Shares in Delek Drilling LP (TA:DEDRp) rose to 52-week highs; rising 2.32% or 27 to 1190.

Crude oil for April delivery was up 1.91% or 1.08 to $57.53 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 1.31% or 0.87 to hit $67.32 a barrel, while the April Gold Futures contract rose 0.23% or 3.05 to trade at $1347.85 a troy ounce.

USD/ILS was down 0.22% to 3.6085, while EUR/ILS rose 0.03% to 4.1021.

The US Dollar Index Futures was down 0.19% at 96.170.