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Israel stocks higher at close of trade; TA 35 up 0.78%

Published 12/09/2024, 10:55 AM
Updated 12/09/2024, 11:00 AM
© REUTERS/Amir Cohen/File Photo Israel stocks higher at close of trade; TA 35 up 0.78%
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Investing.com – Israel stocks were higher after the close on Monday, as gains in the Insurance, Financials and Communication sectors led shares higher.

At the close in Tel Aviv, the TA 35 added 0.78% to hit a new all time high.

The best performers of the session on the TA 35 were Israel Corp (TASE:ILCO), which rose 3.36% or 3,280.00 points to trade at 100,810.00 at the close. Meanwhile, Airport City Ltd (TASE:ARPT) added 3.08% or 189.00 points to end at 6,330.00 and Electra Ltd (TASE:ELTR) was up 3.04% or 6,500.00 points to 220,500.00 in late trade.

The worst performers of the session were Strauss Group (TASE:STRS), which fell 3.82% or 287.00 points to trade at 7,223.00 at the close. Elbit Systems Ltd (TASE:ESLT) declined 2.57% or 2,310.00 points to end at 87,490.00 and Teva Pharmaceutical Industries Ltd (TASE:TEVA) was down 2.35% or 147.00 points to 6,100.00.

Rising stocks outnumbered declining ones on the Tel Aviv Stock Exchange by 285 to 190 and 63 ended unchanged.

Shares in Israel Corp (TASE:ILCO) rose to 52-week highs; rising 3.36% or 3,280.00 to 100,810.00. Shares in Electra Ltd (TASE:ELTR) rose to 52-week highs; rising 3.04% or 6,500.00 to 220,500.00.

Crude oil for January delivery was up 2.14% or 1.44 to $68.64 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 1.86% or 1.32 to hit $72.44 a barrel, while the February Gold Futures contract rose 1.16% or 30.79 to trade at $2,690.39 a troy ounce.

USD/ILS was down 0.30% to 3.56, while EUR/ILS unchanged 0.08% to 3.78.

The US Dollar Index Futures was down 0.24% at 105.49.

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