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Israel shares lower at close of trade; TA 35 down 0.25%

Published 28/05/2018, 16:00
© Reuters.  Israel shares lower at close of trade; TA 35 down 0.25%
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Investing.com – Israel equities were lower at the close on Monday, as losses in the Insurance, Financials and Biomed sectors propelled shares lower.

At the close in Tel Aviv, the TA 35 lost 0.25%.

The biggest gainers of the session on the TA 35 were ICL Israel Chemicals Ltd (TA:ICL), which rose 1.11% or 18 points to trade at 1643 at the close. Elbit Systems Ltd (TA:ESLT) added 1.10% or 440 points to end at 40620 and Amot Investments Ltd (TA:AMOT) was up 0.91% or 17 points to 1894 in late trade.

Biggest losers included Ormat Technologies (TA:ORA), which lost 2.57% or 480 points to trade at 18180 in late trade. Harel (TA:HARL) declined 1.69% or 48 points to end at 2792 and Isramco Negev 2 LP (TA:ISRAp) shed 1.26% or 0.5 points to 39.1.

Declining stocks outnumbered rising ones by 227 to 153 and 33 ended unchanged on the Tel Aviv Stock Exchange.

In commodities trading, Crude oil for July delivery was down 2.17% or 1.47 to $66.41 a barrel. Meanwhile, Brent oil for delivery in August fell 1.52% or 1.16 to hit $75.31 a barrel, while the June Gold Futures contract fell 0.44% or 5.70 to trade at $1298.00 a troy ounce.

USD/ILS was up 0.39% to 3.5760, while EUR/ILS rose 0.14% to 4.1550.

The US Dollar Index Futures was up 0.19% at 94.39.

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