Stock Market News

Israel stocks lower at close of trade; TA 35 down 2.09%

2022.06.13 19:50

Israel stocks lower at close of trade; TA 35 down 2.09%
Israel stocks lower at close of trade; TA 35 down 2.09%

Investing.com – Israel stocks were lower after the close on Monday, as losses in the Banking, Insurance and Financials sectors led shares lower.

At the close in Tel Aviv, the TA 35 lost 2.09% to hit a new 6-months low.

The best performers of the session on the TA 35 were Elbit Systems Ltd (TASE:ESLT), which rose 4.32% or 2,850.00 points to trade at 68,850.00 at the close. Meanwhile, Tower Semiconductor Ltd (TASE:TSEM) added 0.75% or 120.00 points to end at 16,100.00 and Israel Corp (TASE:ILCO) was unchanged 0.00% or 0.00 points to 166,000.00 in late trade.

The worst performers of the session were Maytronics (TASE:MTRN), which fell 8.23% or 488.00 points to trade at 5,440.00 at the close. Israel Discount Bank Ltd (TASE:DSCT) declined 5.01% or 94.00 points to end at 1,781.00 and OPKO Health Inc (TASE:OPK) was down 4.94% or 43.40 points to 835.00.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 445 to 52 and 25 ended unchanged.

Shares in OPKO Health Inc (TASE:OPK) fell to 52-week lows; losing 4.94% or 43.40 to 835.00.

Crude oil for July delivery was up 0.48% or 0.58 to $121.25 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August rose 0.54% or 0.66 to hit $122.67 a barrel, while the August Gold Futures contract fell 2.21% or 41.50 to trade at $1,834.00 a troy ounce.

USD/ILS was up 1.73% to 3.45, while EUR/ILS rose 1.08% to 3.61.

The US Dollar Index Futures was up 0.69% at 104.74.

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