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Israel stocks higher at close of trade; TA 25 up 0.83%

Published 03/10/2016, 11:00 AM
Updated 03/10/2016, 11:00 AM
Israel stocks higher at close of trade; TA 25 up 0.83%

Investing.com – Israel stocks were higher after the close on Thursday, as gains in the Real Estate, Insurance and Technology sectors led shares higher.

At the close in Tel Aviv, the TA 25 rose 0.83% to hit a new 1-month high.

The best performers of the session on the TA 25 were Gazit Globe (TA:GZT), which rose 4.04% or 124 points to trade at 3194 at the close. Meanwhile, Teva (TA:TEVA) added 2.96% or 660 points to end at 22990 and Ormat Technologies (TA:ORA) was up 2.90% or 450 points to 15950 in late trade.

The worst performers of the session were Bezeq (TA:BEZQ), which fell 2.44% or 21.7 points to trade at 868.3 at the close. Isramco L (TA:ISRAp) declined 0.79% or 0.5 points to end at 63.1 and OPKO Health Inc (TA:OPK) was down 0.69% or 27 points to 3893.

Rising stocks outnumbered declining ones on the Tel Aviv Stock Exchange by 210 to 130 and 112 ended unchanged.

Shares in Ormat Technologies (TA:ORA) rose to all time highs; gaining 2.90% or 450 to 15950.

Crude oil for April delivery was down 1.78% or 0.68 to $37.61 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 2.31% or 0.95 to hit $40.12 a barrel, while the April Gold contract rose 0.86% or 10.80 to trade at $1268.20 a troy ounce.

USD/ILS was down 0.21% to 3.8845, while EUR/ILS rose 1.17% to 4.3317.

The US Dollar Index was down 0.85% at 96.36.

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