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Israel shares lower at close of trade; TA 35 down 1.14%

Published 09/08/2017, 16:00
Updated 09/08/2017, 16:05
© Reuters.  Israel shares lower at close of trade; TA 35 down 1.14%
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Investing.com – Israel equities were lower at the close on Wednesday, as losses in the Banking, Technology and Financials sectors propelled shares lower.

At the close in Tel Aviv, the TA 35 fell 1.14% to hit a new 3-year low.

The biggest gainers of the session on the TA 35 were Tower Semiconductor Ltd (TA:TSEM), which rose 1.80% or 166 points to trade at 9377 at the close. OPKO Health Inc (TA:OPK) added 1.29% or 29 points to end at 2280 and Mylan NV (TA:MYL) was up 1.12% or 130 points to 11740 in late trade.

Biggest losers included Perrigo (TA:PRGO), which lost 4.35% or 1060 points to trade at 23300 in late trade. Delek Group (TA:DLEKG) declined 2.88% or 1980 points to end at 66700 and Delek Drilling LP (TA:DEDRp) shed 2.78% or 36 points to 1260.

Declining stocks outnumbered rising ones by 302 to 94 and 9 ended unchanged on the Tel Aviv Stock Exchange.

In commodities trading, Crude oil for September delivery was up 0.26% or 0.13 to $49.30 a barrel. Meanwhile, Brent oil for delivery in October rose 0.44% or 0.23 to hit $52.37 a barrel, while the December Gold Futures contract rose 1.16% or 14.63 to trade at $1277.23 a troy ounce.

USD/ILS was down 0.31% to 3.5964, while EUR/ILS fell 0.41% to 4.2222.

The US Dollar Index Futures was up 0.06% at 93.54.

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