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Israel shares lower at close of trade; TA 35 down 0.97%

Published 10/08/2017, 16:00
Updated 10/08/2017, 16:05
© Reuters.  Israel shares lower at close of trade; TA 35 down 0.97%
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Investing.com – Israel equities were lower at the close on Thursday, as losses in the Banking, Financials and Communication sectors propelled shares lower.

At the close in Tel Aviv, the TA 35 lost 0.97% to hit a new 3-year low.

The biggest gainers of the session on the TA 35 were Perrigo (TA:PRGO), which rose 21.59% or 5030 points to trade at 28330 at the close. Mylan NV (TA:MYL) fell 0.85% or 100 points to end at 11640 and Amot Investments Ltd (TA:AMOT) was down 1.11% or 21 points to 1877 in late trade.

Biggest losers included Teva Pharmaceutical Industries Ltd (TA:TEVA), which lost 4.40% or 289 points to trade at 6278 in late trade. Tower Semiconductor Ltd (TA:TSEM) declined 4.02% or 377 points to end at 9000 and Cellcom Israel Ltd (TA:CEL) shed 3.91% or 130 points to 3198.

Declining stocks outnumbered rising ones by 289 to 107 and 14 ended unchanged on the Tel Aviv Stock Exchange.

In commodities trading, Crude oil for September delivery was down 0.22% or 0.11 to $49.45 a barrel. Meanwhile, Brent oil for delivery in October rose 0.15% or 0.08 to hit $52.78 a barrel, while the December Gold Futures contract rose 0.92% or 11.82 to trade at $1291.12 a troy ounce.

USD/ILS was down 0.33% to 3.5827, while EUR/ILS fell 0.49% to 4.2098.

The US Dollar Index Futures was down 0.01% at 93.40.

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