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Israel stocks lower at close of trade; TA 35 down 1.18%

Published 03/01/2020, 12:30 PM
Israel stocks lower at close of trade; TA 35 down 1.18%
TA35
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TELFIN
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DLEKG
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ISRAp
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TEVA
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TSEM
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TAINSRTPL
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TAOILGAS
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OPK
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PRGO
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Investing.com – Israel stocks were lower after the close on Sunday, as losses in the Oil & Gas, Insurance and Financials sectors led shares lower.

At the close in Tel Aviv, the TA 35 lost 1.18% to hit a new 3-months low.

The best performers of the session on the TA 35 were OPKO Health Inc (TASE:OPK), which rose 4.10% or 20 points to trade at 513 at the close. Meanwhile, Tower Semiconductor Ltd (TASE:TSEM) added 3.11% or 209 points to end at 6927 and Perrigo (TASE:PRGO) was up 2.58% or 450 points to 17900 in late trade.

The worst performers of the session were Delek Group (TASE:DLEKG), which fell 8.16% or 2790 points to trade at 31390 at the close. Teva Pharmaceutical Industries Ltd (TASE:TEVA) declined 4.76% or 200 points to end at 4005 and Isramco Negev 2 LP (TASE:ISRAp) was down 4.71% or 2.0 points to 40.5.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 329 to 70 and 26 ended unchanged.

Shares in Delek Group (TASE:DLEKG) fell to 5-year lows; falling 8.16% or 2790 to 31390.

Crude oil for April delivery was down 3.91% or 1.84 to $45.25 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 3.19% or 1.65 to hit $50.08 a barrel, while the April Gold Futures contract fell 3.37% or 55.35 to trade at $1587.15 a troy ounce.

USD/ILS was up 0.29% to 3.4670, while EUR/ILS rose 0.55% to 3.8230.

The US Dollar Index Futures was down 0.41% at 98.060.

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