Stock Market News

Israel stocks lower at close of trade; TA 35 down 2.22%

2022.05.02 19:56

Israel stocks lower at close of trade; TA 35 down 2.22%
© Omer Mesinger, TASE PR Israel stocks lower at close of trade; TA 35 down 2.22%

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

At the close in Tel Aviv, the TA 35 lost 2.22% to hit a new 1-month low.

The best performers of the session on the TA 35 were Liveperson (TASE:LPSN), which rose 1.10% or 83.00 points to trade at 7,608.00 at the close. Meanwhile, ICL Israel Chemicals Ltd (TASE:ICL) added 1.00% or 37.00 points to end at 3,732.00 and Nova (TASE:NVMI) was up 0.85% or 280.00 points to 33,180.00 in late trade.

The worst performers of the session were Shikun & Binui (TASE:SKBN), which fell 5.74% or 112.00 points to trade at 1,840.00 at the close. Airport City Ltd (TASE:ARPT) declined 5.59% or 406.00 points to end at 6,860.00 and Melisron (TASE:MLSR) was down 5.41% or 1,420.00 points to 24,850.00.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 444 to 70 and 16 ended unchanged.

Crude oil for June delivery was down 0.02% or 0.02 to $104.67 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 0.02% or 0.02 to hit $107.16 a barrel, while the June Gold Futures contract fell 2.26% or 43.23 to trade at $1,868.47 a troy ounce.

USD/ILS was up 0.65% to 3.36, while EUR/ILS rose 0.41% to 3.54.

The US Dollar Index Futures was up 0.51% at 103.49.

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