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Israel stocks higher at close of trade; TA 35 up 1.92%

Published 01/07/2021, 11:30 AM
© Reuters.  Israel stocks higher at close of trade; TA 35 up 1.92%
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Investing.com – Israel stocks were higher after the close on Thursday, as gains in the Banking, Oil & Gas and Financials sectors led shares higher.

At the close in Tel Aviv, the TA 35 added 1.92% to hit a new 6-months high.

The best performers of the session on the TA 35 were Ormat Technologies (TASE:ORA), which rose 11.68% or 3690 points to trade at 35270 at the close. Meanwhile, Energean Oil & Gas PLC (TASE:ENOG) added 9.71% or 338 points to end at 3818 and ICL Israel Chemicals Ltd (TASE:ICL) was up 5.10% or 86 points to 1771 in late trade.

The worst performers of the session were Elbit Systems Ltd (TASE:ESLT), which fell 1.85% or 770 points to trade at 40800 at the close. Teva Pharmaceutical Industries Ltd (TASE:TEVA) declined 1.34% or 48 points to end at 3542 and Shufersal (TASE:SAE) was down 0.79% or 20 points to 2502.

Rising stocks outnumbered declining ones on the Tel Aviv Stock Exchange by 229 to 192 and 26 ended unchanged.

Shares in Ormat Technologies (TASE:ORA) rose to all time highs; rising 11.68% or 3690 to 35270. Shares in ICL Israel Chemicals Ltd (TASE:ICL) rose to 52-week highs; gaining 5.10% or 86 to 1771.

Crude oil for February delivery was up 0.69% or 0.35 to $50.98 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.63% or 0.34 to hit $54.64 a barrel, while the February Gold Futures contract rose 0.35% or 6.75 to trade at $1915.35 a troy ounce.

USD/ILS was down 0.06% to 3.1807, while EUR/ILS fell 0.47% to 3.9044.

The US Dollar Index Futures was up 0.34% at 89.802.

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