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Israel stocks lower at close of trade; TA 35 down 2.26%

Published 04/04/2018, 11:00 AM
Updated 04/04/2018, 12:11 PM
© Reuters.  Israel stocks lower at close of trade; TA 35 down 2.26%
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Investing.com – Israel stocks were lower after the close on Wednesday, as losses in the Communication, Banking and Financials sectors led shares lower.

At the close in Tel Aviv, the TA 35 declined 2.26% to hit a new 6-months low.

The best performers of the session on the TA 35 were Perrigo (TA:PRGO), which rose 0.21% or 60 points to trade at 28480 at the close. Meanwhile, Teva Pharmaceutical Industries Ltd (TA:TEVA) fell 0.26% or 15 points to end at 5845 and Paz Oil (TA:PZOL) was down 0.49% or 250 points to 50800 in late trade.

The worst performers of the session were Delek Group (TA:DLEKG), which fell 4.70% or 2700 points to trade at 54700 at the close. Cellcom Israel Ltd (TA:CEL) declined 4.46% or 108 points to end at 2312 and Partner (TA:PTNR) was down 3.85% or 60 points to 1500.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 337 to 50 and 21 ended unchanged.

Shares in Cellcom Israel Ltd (TA:CEL) fell to 52-week lows; falling 4.46% or 108 to 2312. Shares in Paz Oil (TA:PZOL) fell to 3-years lows; falling 0.49% or 250 to 50800. Shares in Partner (TA:PTNR) fell to 52-week lows; down 3.85% or 60 to 1500.

Crude oil for May delivery was down 0.49% or 0.31 to $63.20 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 0.63% or 0.43 to hit $67.69 a barrel, while the June Gold Futures contract rose 0.13% or 1.70 to trade at $1339.00 a troy ounce.

USD/ILS was up 0.23% to 3.5380, while EUR/ILS rose 0.42% to 4.3498.

The US Dollar Index Futures was down 0.13% at 89.73.

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