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Israel stocks lower at close of trade; TA 35 down 3.58%

Published 03/11/2020, 01:30 PM
© Reuters.  Israel stocks lower at close of trade; TA 35 down 3.58%
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Investing.com – Israel stocks were lower after the close on Wednesday, as losses in the Oil & Gas, Insurance and Financials sectors led shares lower.

At the close in Tel Aviv, the TA 35 fell 3.58% to hit a new 5-year low.

The best performers of the session on the TA 35 were Liveperson (TASE:LPSN), which rose 3.53% or 251 points to trade at 7368 at the close. Meanwhile, Teva Pharmaceutical Industries Ltd (TASE:TEVA) added 2.56% or 81 points to end at 3247 and Nice Ltd (TASE:NICE) was up 0.16% or 80 points to 50000 in late trade.

The worst performers of the session were Fattal 1998 Holdings Ltd (TASE:FATTAL), which fell 31.80% or 9790 points to trade at 21000 at the close. Delek Group (TASE:DLEKG) declined 23.96% or 3500 points to end at 11110 and OPKO Health Inc (TASE:OPK) was down 22.88% or 184 points to 621.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 270 to 143 and 11 ended unchanged.

Shares in Fattal 1998 Holdings Ltd (TASE:FATTAL) fell to all time lows; down 31.80% or 9790 to 21000. Shares in Delek Group (TASE:DLEKG) fell to 5-year lows; losing 23.96% or 3500 to 11110.

Crude oil for April delivery was down 3.08% or 1.06 to $33.30 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 2.93% or 1.09 to hit $36.13 a barrel, while the April Gold Futures contract fell 1.06% or 17.65 to trade at $1642.65 a troy ounce.

USD/ILS was up 0.73% to 3.5557, while EUR/ILS rose 0.75% to 4.0113.

The US Dollar Index Futures was up 0.10% at 96.490.

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