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Israel stocks lower at close of trade; TA 35 down 0.55%

Published 07/09/2020, 01:30 PM
© Reuters.  Israel stocks lower at close of trade; TA 35 down 0.55%
IFF
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TA35
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Investing.com – Israel stocks were lower after the close on Thursday, as losses in the Oil & Gas, Banking and Financials sectors led shares lower.

At the close in Tel Aviv, the TA 35 lost 0.55%.

The best performers of the session on the TA 35 were Paz Oil (TASE:PZOL), which rose 3.61% or 900 points to trade at 25800 at the close. Meanwhile, Ormat Technologies (TASE:ORA) added 3.17% or 670 points to end at 21790 and Teva Pharmaceutical Industries Ltd (TASE:TEVA) was up 2.15% or 83 points to 3940 in late trade.

The worst performers of the session were Israel Corp (TASE:ILCO), which fell 6.03% or 1830 points to trade at 28500 at the close. International Flavors & Fragrances Inc (TASE:IFF) declined 3.58% or 1560 points to end at 41960 and Harel (TASE:HARL) was down 3.48% or 73 points to 2027.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 213 to 175 and 24 ended unchanged.

Crude oil for August delivery was down 3.01% or 1.23 to $39.67 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 2.29% or 0.99 to hit $42.30 a barrel, while the August Gold Futures contract fell 0.91% or 16.55 to trade at $1804.05 a troy ounce.

USD/ILS was up 0.03% to 3.4504, while EUR/ILS fell 0.29% to 3.8965.

The US Dollar Index Futures was up 0.33% at 96.690.

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