2 months ago
Stock Market

Israel stocks lower at close of trade; TA 35 down 0.45%

Investing.com – Israel stocks were lower after the close on Monday, as losses in the Communication, Insurance and Banking sectors

Investing.com – Israel stocks were lower after the close on Monday, as losses in the Communication, Insurance and Banking sectors led shares lower.

At the close in Tel Aviv, the TA 35 declined 0.45%.

The best performers of the session on the TA 35 were Shufersal (TA:SAE), which rose 1.89% or 46 points to trade at 2485 at the close. Meanwhile, Bazan Oil Refineries Ltd (TA:ORL) added 1.66% or 2.9 points to end at 177.7 and Perrigo (TA:PRGO) was up 1.64% or 270 points to 16770 in late trade.

The worst performers of the session were Bezeq Israeli Telecommunication Corp Ltd (TA:BEZQ), which fell 4.41% or 15.0 points to trade at 325.0 at the close. Nice Ltd (TA:NICE) declined 3.62% or 1420 points to end at 37810 and Gazit Globe Ltd (TA:GZT) was down 2.05% or 55 points to 2630.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 207 to 170 and 29 ended unchanged.

Shares in Bezeq Israeli Telecommunication Corp Ltd (TA:BEZQ) fell to 5-year lows; falling 4.41% or 15.0 to 325.0.

Crude oil for February delivery was down 0.14% or 0.07 to $51.52 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.40% or 0.24 to hit $60.24 a barrel, while the February Gold Futures contract rose 0.07% or 0.85 to trade at $1290.35 a troy ounce.

USD/ILS was down 0.18% to 3.6634, while EUR/ILS fell 0.24% to 4.1988.

The US Dollar Index Futures was down 0.08% at 95.190.