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Israel stocks lower at close of trade; TA 35 down 6.53%

Published 03/09/2020, 01:30 PM
© Reuters.  Israel stocks lower at close of trade; TA 35 down 6.53%
TA35
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TEREAL
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Investing.com – Israel stocks were lower after the close on Monday, as losses in the Oil & Gas, Real Estate and Biomed sectors led shares lower.

At the close in Tel Aviv, the TA 35 fell 6.53% to hit a new 52-week low.

The best performers of the session on the TA 35 were OPKO Health Inc (TASE:OPK), which rose 1.23% or 10 points to trade at 805 at the close. Meanwhile, Harel (TASE:HARL) added 1.19% or 20 points to end at 1700 and Azrieli Group Ltd (TASE:AZRG) was down 1.31% or 310 points to 23290 in late trade.

The worst performers of the session were Delek Group (TASE:DLEKG), which fell 24.10% or 4640 points to trade at 14610 at the close. Energean Oil & Gas PLC (TASE:ENOG) declined 19.29% or 539 points to end at 2255 and Delek Drilling LP (TASE:DEDRp) was down 16.24% or 70 points to 361.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 397 to 17 and 14 ended unchanged.

Shares in Delek Group (TASE:DLEKG) fell to 5-year lows; falling 24.10% or 4640 to 14610. Shares in Energean Oil & Gas PLC (TASE:ENOG) fell to all time lows; falling 19.29% or 539 to 2255. Shares in Delek Drilling LP (TASE:DEDRp) fell to 5-year lows; losing 16.24% or 70 to 361.

Crude oil for April delivery was down 20.62% or 8.51 to $32.77 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 20.46% or 9.26 to hit $36.01 a barrel, while the April Gold Futures contract rose 0.14% or 2.40 to trade at $1674.80 a troy ounce.

USD/ILS was up 1.25% to 3.5272, while EUR/ILS rose 2.79% to 4.0436.

The US Dollar Index Futures was down 1.17% at 94.810.

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