Israel stocks lower at close of trade; TA 35 down 1.02%

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

At the close in Tel Aviv, the TA 35 fell 1.02%.

The best performers of the session on the TA 35 were Bezeq Israeli Telecommunication Corp Ltd (TASE:BEZQ), which rose 3.96% or 27.30 points to trade at 716.00 at the close. Meanwhile, Big Shopping Centers Ltd (TASE:BIG) added 2.96% or 2,090.00 points to end at 72,740.00 and Mega Or (TASE:MGOR) was up 2.94% or 1,360.00 points to 47,690.00 in late trade.

The worst performers of the session were Tel Aviv Stock Exchange (TASE:TASE), which fell 9.18% or 1,340.00 points to trade at 13,250.00 at the close. First International Bank of Israel Ltd (TASE:FIBI) declined 6.01% or 1,430.00 points to end at 22,350.00 and Enlight Renewable Energy Ltd (TASE:ENLT) was down 4.56% or 1,030.00 points to 21,560.00.

Rising stocks outnumbered declining ones on the Tel Aviv Stock Exchange by 251 to 203 and 102 ended unchanged.

Crude oil for December delivery was up 2.74% or 2.36 to $88.40 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 3.09% or 2.83 to hit $94.32 a barrel, while the December Gold Futures contract fell 0.51% or 20.40 to trade at $4,009.80 a troy ounce.

USD/ILS was up 0.16% to 3.18, while EUR/ILS fell 0.45% to 3.53.

The US Dollar Index Futures was up 0.66% at 102.80.