Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

Israel stocks lower at close of trade; TA 35 down 4.33%

Published 03/16/2020, 01:30 PM
Israel stocks lower at close of trade; TA 35 down 4.33%
TA35
-
TEREAL
-
DLEKG
-
ORL
-
TSEM
-
TAINSRTPL
-
TAOILGAS
-
OPK
-
FTAL
-
ENOG
-

Investing.com – Israel stocks were lower after the close on Monday, as losses in the Oil & Gas, Real Estate and Insurance sectors led shares lower.

At the close in Tel Aviv, the TA 35 lost 4.33% to hit a new 5-year low.

The best performers of the session on the TA 35 were Delek Group (TASE:DLEKG), which rose 11.84% or 728 points to trade at 6878 at the close. Meanwhile, OPKO Health Inc (TASE:OPK) added 5.57% or 38 points to end at 720 and Tower Semiconductor Ltd (TASE:TSEM) was up 1.18% or 62 points to 5337 in late trade.

The worst performers of the session were Fattal 1998 Holdings Ltd (TASE:FATTAL), which fell 37.06% or 5960 points to trade at 10120 at the close. Energean Oil & Gas PLC (TASE:ENOG) declined 22.40% or 452 points to end at 1566 and Bazan Oil Refineries Ltd (TASE:ORL) was down 14.29% or 12.5 points to 75.0.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 364 to 35 and 18 ended unchanged.

Shares in Fattal 1998 Holdings Ltd (TASE:FATTAL) fell to all time lows; losing 37.06% or 5960 to 10120. Shares in Energean Oil & Gas PLC (TASE:ENOG) fell to all time lows; falling 22.40% or 452 to 1566. Shares in Bazan Oil Refineries Ltd (TASE:ORL) fell to all time lows; down 14.29% or 12.5 to 75.0.

Crude oil for May delivery was down 8.03% or 2.58 to $29.53 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 11.37% or 3.85 to hit $30.00 a barrel, while the April Gold Futures contract fell 1.88% or 28.45 to trade at $1488.25 a troy ounce.

USD/ILS was up 3.16% to 3.7801, while EUR/ILS rose 3.63% to 4.2160.

The US Dollar Index Futures was down 0.69% at 98.220.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.