Stock Market News

Israel stocks higher at close of trade; TA 35 up 1.25%

2023.03.20 13:41


© Omer Mesinger, TASE PR Israel stocks higher at close of trade; TA 35 up 1.25%

Investing.com – Israel stocks were higher after the close on Monday, as gains in the , and sectors led shares higher.

At the close in Tel Aviv, the rose 1.25%.

The best performers of the session on the were Shapir Engineering Industry (TASE:), which rose 5.05% or 116.00 points to trade at 2,415.00 at the close. Meanwhile, Ashtrom Group Ltd (TASE:) added 4.58% or 227.00 points to end at 5,187.00 and Electra Ltd (TASE:) was up 4.49% or 6,460.00 points to 150,300.00 in late trade.

The worst performers of the session were Delek Group (TASE:), which fell 4.52% or 1,470.00 points to trade at 31,050.00 at the close. Newmed Energy LP (TASE:) declined 2.19% or 14.10 points to end at 630.00 and First International Bank of Israel Ltd (TASE:) was down 1.11% or 140.00 points to 12,510.00.

Rising stocks outnumbered declining ones on the Tel Aviv Stock Exchange by 275 to 189 and 33 ended unchanged.

Shares in Delek Group (TASE:) fell to 52-week lows; down 4.52% or 1,470.00 to 31,050.00. Shares in Newmed Energy LP (TASE:) fell to 52-week lows; losing 2.19% or 14.10 to 630.00.

Crude oil for May delivery was down 0.42% or 0.28 to $66.65 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 0.33% or 0.24 to hit $72.73 a barrel, while the April Gold Futures contract rose 0.47% or 9.35 to trade at $1,982.85 a troy ounce.

USD/ILS was unchanged 0.02% to 3.67, while EUR/ILS rose 0.56% to 3.93.

The US Dollar Index Futures was down 0.38% at 102.96.

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