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Israel stocks lower at close of trade; TA 35 down 1.12%

Published 06/27/2023, 12:30 PM
© REUTERS/Amir Cohen/File Photo Israel stocks lower at close of trade; TA 35 down 1.12%

Investing.com – Israel stocks were lower after the close on Tuesday, as losses in the Real Estate, Insurance and Oil & Gas sectors led shares lower.

At the close in Tel Aviv, the TA 35 declined 1.12%.

The best performers of the session on the TA 35 were Elbit Systems Ltd (TASE:ESLT), which rose 1.14% or 860.00 points to trade at 76,280.00 at the close. Meanwhile, ICL Israel Chemicals Ltd (TASE:ICL) added 0.72% or 15.00 points to end at 2,105.00 and Israel Corp (TASE:ILCO) was up 0.55% or 550.00 points to 99,750.00 in late trade.

The worst performers of the session were Alony Hetz Properties and Investments Ltd (TASE:ALHE), which fell 3.47% or 104.00 points to trade at 2,890.00 at the close. Kenon Holdings Ltd (TASE:KEN) declined 3.32% or 297.00 points to end at 8,660.00 and Nova (TASE:NVMI) was down 3.31% or 1,390.00 points to 40,610.00.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 270 to 189 and 40 ended unchanged.

Shares in Kenon Holdings Ltd (TASE:KEN) fell to 52-week lows; down 3.32% or 297.00 to 8,660.00.

Crude oil for August delivery was down 1.89% or 1.31 to $68.06 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 1.82% or 1.35 to hit $73.00 a barrel, while the August Gold Futures contract fell 0.45% or 8.75 to trade at $1,925.05 a troy ounce.

USD/ILS was up 0.85% to 3.66, while EUR/ILS rose 1.38% to 4.01.

The US Dollar Index Futures was down 0.22% at 102.11.

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