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Israel stocks lower at close of trade; TA 35 down 2.91%

Published 03/25/2018, 10:00 AM
Updated 03/25/2018, 10:05 AM
© Reuters.  Israel stocks lower at close of trade; TA 35 down 2.91%
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Investing.com – Israel stocks were lower after the close on Sunday, as losses in the Biomed, Banking and Technology sectors led shares lower.

At the close in Tel Aviv, the TA 35 lost 2.91% to hit a new 3-months low.

The best performers of the session on the TA 35 were Strauss Group (TA:STRS), which fell 0.66% or 50 points to trade at 7501 at the close. Meanwhile, Paz Oil (TA:PZOL) fell 0.89% or 500 points to end at 55530 and ICL Israel Chemicals Ltd (TA:ICL) was down 1.07% or 16 points to 1475 in late trade.

The worst performers of the session were Frutarom Industries Ltd (TA:FRUT), which fell 5.87% or 2050 points to trade at 32900 at the close. Sodastream International Ltd (TA:SODA) declined 4.35% or 1420.0 points to end at 31250.0 and Tower Semiconductor Ltd (TA:TSEM) was down 3.99% or 405 points to 9735.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 335 to 51 and 34 ended unchanged.

Shares in Paz Oil (TA:PZOL) fell to 3-years lows; falling 0.89% or 500 to 55530.

Crude oil for May delivery was up 2.35% or 1.51 to $65.81 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June unchanged 0.00% or 0.00 to hit $69.81 a barrel, while the April Gold Futures contract rose 1.49% or 19.80 to trade at $1347.20 a troy ounce.

USD/ILS was up 0.10% to 3.4862, while EUR/ILS rose 0.54% to 4.3068.

The US Dollar Index Futures was down 0.41% at 89.10.

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