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Israel shares lower at close of trade; TA 35 down 0.50%

Published 03/04/2018, 16:00
Updated 03/04/2018, 16:05
Israel shares lower at close of trade; TA 35 down 0.50%
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Investing.com – Israel equities were lower at the close on Tuesday, as losses in the Biomed, Insurance and Technology sectors propelled shares lower.

At the close in Tel Aviv, the TA 35 lost 0.50% to hit a new 3-month low.

The biggest gainers of the session on the TA 35 were Ormat Technologies (TA:ORA), which rose 1.64% or 320 points to trade at 19880 at the close. Tower Semiconductor Ltd (TA:TSEM) added 1.46% or 135 points to end at 9375 and Sodastream International Ltd (TA:SODA) was up 0.82% or 260.0 points to 31960.0 in late trade.

Biggest losers included Perrigo (TA:PRGO), which lost 2.10% or 610 points to trade at 28420 in late trade. OPKO Health Inc (TA:OPK) declined 2.02% or 22 points to end at 1065 and Cellcom Israel Ltd (TA:CEL) shed 1.98% or 49 points to 2420.

Declining stocks outnumbered rising ones by 267 to 89 and 38 ended unchanged on the Tel Aviv Stock Exchange.

In commodities trading, Crude oil for May delivery was up 1.03% or 0.65 to $63.66 a barrel. Meanwhile, Brent oil for delivery in June rose 0.90% or 0.61 to hit $68.25 a barrel, while the June Gold Futures contract fell 0.95% or 12.80 to trade at $1334.10 a troy ounce.

USD/ILS was up 0.26% to 3.5360, while EUR/ILS rose 0.02% to 4.3398.

The US Dollar Index Futures was up 0.16% at 89.83.

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