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Israel stocks lower at close of trade; TA 35 down 1.19%

Published 12/18/2022, 12:30 PM
© REUTERS/Amir Cohen/File Photo Israel stocks lower at close of trade; TA 35 down 1.19%

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

At the close in Tel Aviv, the TA 35 fell 1.19% to hit a new 1-month low.

The best performers of the session on the TA 35 were Strauss Group (TASE:STRS), which rose 3.06% or 272.00 points to trade at 9,150.00 at the close. Meanwhile, Energix (TASE:ENRG) added 1.73% or 20.00 points to end at 1,173.00 and Nova (TASE:NVMI) was up 1.52% or 440.00 points to 29,460.00 in late trade.

The worst performers of the session were Ormat Technologies (TASE:ORA), which fell 4.22% or 1,300.00 points to trade at 29,520.00 at the close. Teva Pharmaceutical Industries Ltd (TASE:TEVA) declined 3.32% or 105.00 points to end at 3,054.00 and Shikun & Binui (TASE:SKBN) was down 3.09% or 36.00 points to 1,129.00.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 304 to 166 and 34 ended unchanged.

Shares in Shikun & Binui (TASE:SKBN) fell to 52-week lows; falling 3.09% or 36.00 to 1,129.00.

Crude oil for February delivery was unchanged 0.00% or 0.00 to $74.46 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 2.40% or 1.95 to hit $79.26 a barrel, while the February Gold Futures contract rose 0.85% or 15.20 to trade at $1,803.00 a troy ounce.

USD/ILS was up 1.26% to 3.46, while EUR/ILS rose 0.78% to 3.66.

The US Dollar Index Futures was up 0.24% at 104.45.

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