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Israel stocks higher at close of trade; TA 35 up 3.34%

Published 05/17/2020, 01:30 PM
© Reuters.  Israel stocks higher at close of trade; TA 35 up 3.34%
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Investing.com – Israel stocks were higher after the close on Sunday, as gains in the Oil & Gas, Technology and Biomed sectors led shares higher.

At the close in Tel Aviv, the TA 35 gained 3.34%.

The best performers of the session on the TA 35 were Delek Drilling LP (TASE:DEDRp), which rose 17.59% or 57 points to trade at 381 at the close. Meanwhile, Delek Group (TASE:DLEKG) added 15.77% or 1500 points to end at 11010 and Fattal 1998 Holdings Ltd (TASE:FATTAL) was up 13.44% or 2190 points to 18490 in late trade.

The worst performers of the session were Bezeq Israeli Telecommunication Corp Ltd (TASE:BEZQ), which fell 1.50% or 4.1 points to trade at 270.0 at the close. Tower Semiconductor Ltd (TASE:TSEM) declined 0.29% or 20 points to end at 6780 and Airport City Ltd (TASE:ARPT) was up 0.14% or 7 points to 5097.

Rising stocks outnumbered declining ones on the Tel Aviv Stock Exchange by 332 to 62 and 22 ended unchanged.

Crude oil for July delivery was unchanged 0.00% or 0.00 to $29.52 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 5.49% or 1.71 to hit $32.84 a barrel, while the June Gold Futures contract rose 0.70% or 12.25 to trade at $1753.15 a troy ounce.

USD/ILS was down 0.11% to 3.5368, while EUR/ILS rose 0.02% to 3.8264.

The US Dollar Index Futures was down 0.11% at 100.398.

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