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Israel stocks lower at close of trade; TA 35 down 0.72%

Published 08/15/2019, 12:30 PM
© Reuters.  Israel stocks lower at close of trade; TA 35 down 0.72%
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Investing.com – Israel stocks were lower after the close on Thursday, as losses in the Banking, Biomed and Communication sectors led shares lower.

At the close in Tel Aviv, the TA 35 fell 0.72% to hit a new 1-month low.

The best performers of the session on the TA 35 were Elbit Systems Ltd (TASE:ESLT), which rose 3.25% or 1740 points to trade at 55350 at the close. Meanwhile, Nice Ltd (TASE:NICE) added 1.86% or 980 points to end at 53650 and Paz Oil (TASE:PZOL) was up 1.81% or 890 points to 50010 in late trade.

The worst performers of the session were Teva Pharmaceutical Industries Ltd (TASE:TEVA), which fell 6.52% or 152 points to trade at 2180 at the close. Poalim (TASE:POLI) declined 3.68% or 100 points to end at 2617 and Israel Discount Bank Ltd (TASE:DSCT) was down 2.87% or 43.0 points to 1457.0.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 282 to 105 and 34 ended unchanged.

Shares in Teva Pharmaceutical Industries Ltd (TASE:TEVA) fell to 5-year lows; falling 6.52% or 152 to 2180.

Crude oil for September delivery was down 1.38% or 0.76 to $54.47 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 2.08% or 1.24 to hit $58.24 a barrel, while the December Gold Futures contract rose 0.17% or 2.55 to trade at $1530.35 a troy ounce.

USD/ILS was up 0.55% to 3.5377, while EUR/ILS rose 0.19% to 3.9265.

The US Dollar Index Futures was up 0.22% at 98.042.

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