Israel stocks lower at close of trade; TA 35 down 1.30%
2022.05.25 19:40
Israel stocks lower at close of trade; TA 35 down 1.30%
Investing.com – Israel stocks were lower after the close on Wednesday, as losses in the Banking, Financials and Real Estate sectors led shares lower.
At the close in Tel Aviv, the TA 35 declined 1.30% to hit a new 6-months low.
The best performers of the session on the TA 35 were Teva Pharmaceutical Industries Ltd (TASE:TEVA), which rose 3.19% or 90.00 points to trade at 2,910.00 at the close. Meanwhile, Tower Semiconductor Ltd (TASE:TSEM) added 2.02% or 310.00 points to end at 15,690.00 and Ormat Technologies (TASE:ORA) was up 1.55% or 400.00 points to 26,280.00 in late trade.
The worst performers of the session were Shikun & Binui (TASE:SKBN), which fell 5.87% or 101.00 points to trade at 1,620.00 at the close. Mivne Real Estate KD Ltd (TASE:MVNE) declined 3.80% or 40.00 points to end at 1,013.00 and Alony Hetz Properties and Investments Ltd (TASE:ALHE) was down 3.78% or 179.00 points to 4,551.00.
Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 395 to 98 and 30 ended unchanged.
Shares in Shikun & Binui (TASE:SKBN) fell to 52-week lows; down 5.87% or 101.00 to 1,620.00.
Crude oil for July delivery was up 0.29% or 0.32 to $110.09 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August rose 0.16% or 0.18 to hit $110.87 a barrel, while the June Gold Futures contract fell 1.08% or 20.16 to trade at $1,845.24 a troy ounce.
USD/ILS was down 0.19% to 3.34, while EUR/ILS fell 0.87% to 3.57.
The US Dollar Index Futures was up 0.45% at 102.33.
