Stock Market News

Israel stocks lower at close of trade; TA 35 down 1.27%

2022.05.09 19:42

Israel stocks lower at close of trade; TA 35 down 1.27%
© Omer Mesinger, TASE PR Israel stocks lower at close of trade; TA 35 down 1.27%

Investing.com – Israel stocks were lower after the close on Monday, as losses in the Insurance, Biomed and Oil & Gas sectors led shares lower.

At the close in Tel Aviv, the TA 35 fell 1.27% to hit a new 6-months low.

The best performers of the session on the TA 35 were Strauss Group (TASE:STRS), which rose 1.42% or 120.00 points to trade at 8,545.00 at the close. Meanwhile, Bank Hapoalim (TASE:POLI) added 1.40% or 40.00 points to end at 2,896.00 and Azrieli Group Ltd (TASE:AZRG) was up 1.11% or 280.00 points to 25,600.00 in late trade.

The worst performers of the session were Liveperson (TASE:LPSN), which fell 5.84% or 374.00 points to trade at 6,026.00 at the close. Teva Pharmaceutical Industries Ltd (TASE:TEVA) declined 3.95% or 105.00 points to end at 2,555.00 and Energix (TASE:ENRG) was down 3.70% or 40.00 points to 1,040.00.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 434 to 77 and 22 ended unchanged.

Shares in Energix (TASE:ENRG) fell to 52-week lows; falling 3.70% or 40.00 to 1,040.00.

Crude oil for June delivery was down 4.85% or 5.32 to $104.45 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 4.56% or 5.13 to hit $107.26 a barrel, while the June Gold Futures contract fell 1.00% or 18.90 to trade at $1,863.90 a troy ounce.

USD/ILS was up 0.82% to 3.43, while EUR/ILS rose 1.14% to 3.63.

The US Dollar Index Futures was down 0.25% at 103.44.

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