1 month ago
Stock Market

Israel stocks higher at close of trade; TA 35 up 0.87%

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

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

At the close in Tel Aviv, the TA 35 gained 0.87% to hit a new 1-month high.

The best performers of the session on the TA 35 were Perrigo (TA:PRGO), which rose 2.45% or 430 points to trade at 18000 at the close. Meanwhile, Azrieli Group Ltd (TA:AZRG) added 2.34% or 470 points to end at 20530 and Phoenix Holdings Ltd (TA:PHOE1) was up 1.85% or 39 points to 2146 in late trade.

The worst performers of the session were Shufersal (TA:SAE), which fell 0.80% or 21 points to trade at 2606 at the close. Ormat Technologies (TA:ORA) declined 0.29% or 60 points to end at 20940 and Poalim (TA:POLI) was down 0.16% or 4 points to 2478.

Rising stocks outnumbered declining ones on the Tel Aviv Stock Exchange by 261 to 126 and 32 ended unchanged.

Shares in Azrieli Group Ltd (TA:AZRG) rose to 52-week highs; gaining 2.34% or 470 to 20530.

Crude oil for April delivery was down 3.65% or 2.09 to $55.17 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 3.57% or 2.40 to hit $64.85 a barrel, while the April Gold Futures contract fell 0.24% or 3.25 to trade at $1329.55 a troy ounce.

USD/ILS was down 0.02% to 3.6086, while EUR/ILS rose 0.04% to 4.0938.

The US Dollar Index Futures was up 0.05% at 96.412.