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Israel shares higher at close of trade; TA 35 up 1.71%

Published 16/05/2019, 17:30
Updated 16/05/2019, 17:30
Israel shares higher at close of trade; TA 35 up 1.71%

Israel shares higher at close of trade; TA 35 up 1.71%

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

At the close in Tel Aviv, the TA 35 gained 1.71%.

The biggest gainers of the session on the TA 35 were Nice Ltd (TA:NICE), which rose 6.80% or 3210 points to trade at 50410 at the close. OPKO Health Inc (TA:OPK) added 6.00% or 42 points to end at 735 and Airport City Ltd (TA:ARPT) was up 3.76% or 217 points to 5988 in late trade.

Biggest losers included Tower Semiconductor Ltd (TA:TSEM), which lost 4.88% or 317 points to trade at 6183 in late trade. Elbit Systems Ltd (TA:ESLT) declined 0.98% or 490 points to end at 49410 and Bazan Oil Refineries Ltd (TA:ORL) shed 0.92% or 1.7 points to 182.3.

Advancing stocks outnumbered falling ones by 260 to 122 and 38 ended unchanged on the Tel Aviv Stock Exchange.

In commodities trading, Crude oil for June delivery was up 1.77% or 1.10 to $63.12 a barrel. Meanwhile, Brent oil for delivery in July rose 1.78% or 1.28 to hit $73.05 a barrel, while the June Gold Futures contract fell 0.90% or 11.65 to trade at $1286.15 a troy ounce.

USD/ILS was down 0.04% to 3.5713, while EUR/ILS fell 0.21% to 3.9928.

The US Dollar Index Futures was up 0.23% at 97.602.

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