Stock Market News

Israel stocks higher at close of trade; TA 35 up 1.68%

2023.05.17 12:36


© Omer Mesinger, TASE PR Israel stocks higher at close of trade; TA 35 up 1.68%

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

At the close in Tel Aviv, the added 1.68% to hit a new 3-months high.

The best performers of the session on the were First International Bank of Israel Ltd (TASE:), which rose 5.01% or 710.00 points to trade at 14,890.00 at the close. Meanwhile, Mizrahi Tefahot (TASE:) added 4.38% or 550.00 points to end at 13,100.00 and Electra Ltd (TASE:) was up 4.02% or 6,600.00 points to 170,900.00 in late trade.

The worst performers of the session were Shikun & Binui (TASE:), which fell 1.77% or 15.40 points to trade at 855.00 at the close. Teva Pharmaceutical Industries Ltd (TASE:) declined 0.60% or 18.00 points to end at 2,962.00 and Harel (TASE:) was down 0.09% or 3.00 points to 3,316.00.

Rising stocks outnumbered declining ones on the Tel Aviv Stock Exchange by 278 to 186 and 35 ended unchanged.

Crude oil for June delivery was up 2.78% or 1.97 to $72.83 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 2.60% or 1.95 to hit $76.86 a barrel, while the June Gold Futures contract fell 0.37% or 7.40 to trade at $1,985.60 a troy ounce.

USD/ILS was unchanged 0.08% to 3.65, while EUR/ILS fell 0.62% to 3.95.

The US Dollar Index Futures was up 0.33% at 102.74.

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