Stock Market News

Israel stocks higher at close of trade; TA 35 up 0.66%

2022.04.14 19:45

Israel stocks higher at close of trade; TA 35 up 0.66%
© Guy Asayag, TASE PR Israel stocks higher at close of trade; TA 35 up 0.66%

Investing.com – Israel stocks were higher after the close on Thursday, as gains in the Oil & Gas, Communication and Biomed sectors led shares higher.

At the close in Tel Aviv, the TA 35 rose 0.66%.

The best performers of the session on the TA 35 were ICL Israel Chemicals Ltd (TASE:ICL), which rose 4.20% or 165.00 points to trade at 4,093.00 at the close. Meanwhile, Ormat Technologies (TASE:ORA) added 3.57% or 940.00 points to end at 27,270.00 and Israel Corp (TASE:ILCO) was up 3.00% or 6,000.00 points to 206,110.00 in late trade.

The worst performers of the session were Nova (TASE:NVMI), which fell 2.32% or 750.00 points to trade at 31,620.00 at the close. Shapir Engineering Industry (TASE:SPEN) declined 1.88% or 57.00 points to end at 2,980.00 and Leumi (TASE:LUMI) was down 1.16% or 40.00 points to 3,410.00.

Rising stocks outnumbered declining ones on the Tel Aviv Stock Exchange by 273 to 218 and 31 ended unchanged.

Shares in ICL Israel Chemicals Ltd (TASE:ICL) rose to 5-year highs; gaining 4.20% or 165.00 to 4,093.00. Shares in Ormat Technologies (TASE:ORA) rose to 52-week highs; rising 3.57% or 940.00 to 27,270.00. Shares in Israel Corp (TASE:ILCO) rose to 5-year highs; gaining 3.00% or 6,000.00 to 206,110.00.

Crude oil for May delivery was up 0.39% or 0.41 to $104.66 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.61% or 0.66 to hit $109.44 a barrel, while the June Gold Futures contract fell 0.77% or 15.35 to trade at $1,969.35 a troy ounce.

USD/ILS was up 0.61% to 3.22, while EUR/ILS unchanged 0.04% to 3.49.

The US Dollar Index Futures was up 0.44% at 100.35.

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