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Israel shares higher at close of trade; TA 35 up 0.40%

Published 03/07/2019, 17:30
Updated 03/07/2019, 17:30
Israel shares higher at close of trade; TA 35 up 0.40%

Israel shares higher at close of trade; TA 35 up 0.40%

Investing.com – Israel equities were higher at the close on Wednesday, as gains in the Banking, Financials and Communication sectors propelled shares higher.

At the close in Tel Aviv, the TA 35 rose 0.40% to hit a new 1-month high.

The biggest gainers of the session on the TA 35 were Israel Corp (TASE:ILCO), which rose 2.41% or 2030 points to trade at 86100 at the close. Teva Pharmaceutical Industries Ltd (TASE:TEVA) added 2.39% or 80 points to end at 3428 and Strauss Group (TASE:STRS) was up 2.04% or 220 points to 10990 in late trade.

Biggest losers included OPKO Health Inc (TASE:OPK), which lost 5.91% or 52 points to trade at 835 in late trade. Ormat Technologies (TASE:ORA) declined 2.45% or 560 points to end at 22290 and Bazan Oil Refineries Ltd (TASE:ORL) shed 1.77% or 3.2 points to 177.8.

Declining stocks outnumbered rising ones by 201 to 176 and 41 ended unchanged on the Tel Aviv Stock Exchange.

In commodities trading, Crude oil for August delivery was up 1.08% or 0.61 to $56.86 a barrel. Meanwhile, Brent oil for delivery in September rose 1.62% or 1.01 to hit $63.41 a barrel, while the August Gold Futures contract rose 0.81% or 11.45 to trade at $1419.45 a troy ounce.

USD/ILS was down 0.07% to 3.5693, while EUR/ILS fell 0.08% to 4.0271.

The US Dollar Index Futures was up 0.06% at 96.333.

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