Stock Markets News

Israel stocks lower at close of trade; TA 35 down 3.69%

By Investing.com2 min readInvesting.com
Israel stocks lower at close of trade; TA 35 down 3.69%Israel stocks lower at close of trade; TA 35 down 3.69%

Israel stocks lower at close of trade; TA 35 down 3.69%

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

At the close in Tel Aviv, the TA 35 lost 3.69% to hit a new 6-months low.

The best performers of the session on the TA 35 were ICL Israel Chemicals Ltd (TASE:ICL), which rose 5.67% or 80.00 points to trade at 1,492.00 at the close. Meanwhile, Strauss Group (TASE:STRS) added 0.81% or 90.00 points to end at 11,200.00 and Teva Pharmaceutical Industries Ltd (TASE:TEVA) was unchanged 0.00% or 0.00 points to 13,180.00 in late trade.

The worst performers of the session were Camtek Ltd (TASE:CAMT), which fell 8.63% or 2,850.00 points to trade at 30,180.00 at the close. Next Vision Stabilized Systems (TASE:NXSN) declined 8.50% or 1,530.00 points to end at 16,460.00 and Tower Semiconductor Ltd (TASE:TSEM) was down 8.35% or 4,000.00 points to 43,910.00.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 389 to 80 and 87 ended unchanged.

Shares in Camtek Ltd (TASE:CAMT) fell to 52-week lows; falling 8.63% or 2,850.00 to 30,180.00.

Crude oil for December delivery was up 2.29% or 2.02 to $90.14 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 2.20% or 2.08 to hit $96.70 a barrel, while the December Gold Futures contract rose 0.44% or 17.80 to trade at $4,090.80 a troy ounce.

USD/ILS was up 1.51% to 3.20, while EUR/ILS rose 1.52% to 3.60.

The US Dollar Index Futures was down 0.06% at 101.37.