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Israel shares lower at close of trade; TA 25 down 1.00%

Published 23/01/2017, 16:00
Israel shares lower at close of trade; TA 25 down 1.00%
TEVA
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TA35
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TELFIN
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DSCT
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ICL
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MLSR
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TABLUTECHGLB
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TACOMMIT
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PRGO
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ESLT
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Investing.com – Israel equities were lower at the close on Monday, as losses in the Communication, Financials and Technology sectors propelled shares lower.

At the close in Tel Aviv, the TA 25 fell 1.00% to hit a new 1-month low.

The biggest gainers of the session on the TA 25 were Elbit Systems (TA:ESLT), which rose 0.20% or 80 points to trade at 40120 at the close. ICL Israel Chemicals Ltd (TA:ICL) added 0.17% or 3 points to end at 1725 and Melisron (TA:MLSR) was up 0.12% or 20 points to 17080 in late trade.

Biggest losers included Perrigo (TA:PRGO), which lost 2.56% or 730 points to trade at 27750 in late trade. Teva (TA:TEVA) declined 2.53% or 320 points to end at 12320 and Discount (TA:DSCT) shed 2.29% or 18.4 points to 784.9.

Declining stocks outnumbered rising ones by 256 to 101 and 84 ended unchanged on the Tel Aviv Stock Exchange.

In commodities trading, Crude oil for March delivery was down 0.75% or 0.40 to $52.82 a barrel. Meanwhile, Brent oil for delivery in March fell 0.36% or 0.20 to hit $55.29 a barrel, while the February Gold contract rose 1.05% or 12.65 to trade at $1217.55 a troy ounce.

USD/ILS was down 0.21% to 3.7916, while EUR/ILS rose 0.15% to 4.0751.

The US Dollar Index was down 0.61% at 100.16.

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