3 months ago
Stock Market

Israel stocks lower at close of trade; TA 35 down 2.06%

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

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

At the close in Tel Aviv, the TA 35 fell 2.06% to hit a new 6-months low.

The best performers of the session on the TA 35 were OPKO Health Inc (TA:OPK), which rose 0.99% or 9 points to trade at 952 at the close. Meanwhile, Israel Corp (TA:ILCO) added 0.02% or 20 points to end at 90520 and Alony Hetz Properties and Investments Ltd (TA:ALHE) was unchanged 0.00% or 0 points to 3445 in late trade.

The worst performers of the session were Israel Discount Bank Ltd (TA:DSCT), which fell 4.17% or 50.0 points to trade at 1150.0 at the close. Phoenix Holdings Ltd (TA:PHOE1) declined 4.00% or 80 points to end at 1920 and Mizrahi Tefahot (TA:MZTF) was down 3.99% or 250 points to 6020.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 337 to 68 and 14 ended unchanged.

Shares in Mizrahi Tefahot (TA:MZTF) fell to 52-week lows; losing 3.99% or 250 to 6020.

Crude oil for February delivery was down 2.15% or 0.98 to $44.61 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 1.63% or 0.88 to hit $53.22 a barrel, while the February Gold Futures contract rose 0.87% or 10.90 to trade at $1269.00 a troy ounce.

USD/ILS was up 0.09% to 3.7709, while EUR/ILS rose 0.44% to 4.3036.

The US Dollar Index Futures was down 0.43% at 96.042.