Israel shares lower at close of trade; TA 35 down 1.04%

Source Investing

Investing.com – Israel equities were lower at the close on Tuesday, as losses in the Real Estate, Insurance and Financials sectors propelled shares lower.

At the close in Tel Aviv, the TA 35 lost 1.04% to hit a new 1-month low.

The biggest gainers of the session on the TA 35 were Ormat Technologies (TASE:ORA), which rose 3.74% or 1,040.00 points to trade at 28,830.00 at the close. Sapiens International Corporation NV (TASE:SPNS) added 1.73% or 230.00 points to end at 13,560.00 and NICE Ltd (TASE:NICE) was up 0.81% or 500.00 points to 61,990.00 in late trade.

Biggest losers included Ashtrom Group Ltd (TASE:ASHG), which lost 4.00% or 193.00 points to trade at 4,634.00 in late trade. Israel Corp (TASE:ILCO) declined 3.49% or 2,580.00 points to end at 71,400.00 and Electra Ltd (TASE:ELTR) shed 3.26% or 4,320.00 points to 128,290.00.

Declining stocks outnumbered rising ones by 347 to 105 and 87 ended unchanged on the Tel Aviv Stock Exchange.

In commodities trading, Crude oil for November delivery was up 1.32% or 0.91 to $69.93 a barrel. Meanwhile, Brent oil for delivery in November rose 1.03% or 0.75 to hit $73.50 a barrel, while the December Gold Futures contract fell 0.20% or 5.30 to trade at $2,603.60 a troy ounce.

USD/ILS was up 1.09% to 3.78, while EUR/ILS rose 1.06% to 4.21.

The US Dollar Index Futures was up 0.08% at 100.52.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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