Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

Israel stocks lower at close of trade; TA 35 down 0.34%

Published 02/08/2021, 11:30 AM
© Reuters.  Israel stocks lower at close of trade; TA 35 down 0.34%
TA35
-
TELFIN
-
TEREAL
-
ALHE
-
LUMI
-
MTRX
-
POLI
-
TELBANK5
-
ORA
-
OPK
-

Investing.com – Israel stocks were lower after the close on Monday, as losses in the Banking, Real Estate and Financials sectors led shares lower.

At the close in Tel Aviv, the TA 35 declined 0.34%.

The best performers of the session on the TA 35 were Ormat Technologies (TASE:ORA), which rose 4.04% or 1580 points to trade at 40710 at the close. Meanwhile, Matrix (TASE:MTRX) added 2.80% or 215 points to end at 7885 and OPKO Health Inc (TASE:OPK) was up 2.75% or 48 points to 1793 in late trade.

The worst performers of the session were Alony Hetz Properties and Investments Ltd (TASE:ALHE), which fell 2.61% or 114 points to trade at 4256 at the close. Leumi (TASE:LUMI) declined 2.44% or 50 points to end at 1995 and Bank Hapoalim (TASE:POLI) was down 2.18% or 52 points to 2333.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 223 to 206 and 22 ended unchanged.

Shares in Ormat Technologies (TASE:ORA) rose to all time highs; rising 4.04% or 1580 to 40710.

Crude oil for March delivery was up 1.85% or 1.05 to $57.90 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 1.31% or 0.78 to hit $60.34 a barrel, while the April Gold Futures contract rose 1.44% or 26.05 to trade at $1839.05 a troy ounce.

USD/ILS was down 0.78% to 3.2613, while EUR/ILS fell 0.88% to 3.9255.

The US Dollar Index Futures was up 0.07% at 91.028.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.