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Israel stocks higher at close of trade; TA 25 up 0.84%

Published 10/18/2016, 11:00 AM
Updated 10/18/2016, 11:00 AM
Israel stocks higher at close of trade; TA 25 up 0.84%

Investing.com – Israel stocks were higher after the close on Tuesday, as gains in the Banking, Communication and Financials sectors led shares higher.

At the close in Tel Aviv, the TA 25 rose 0.84%.

The best performers of the session on the TA 25 were Frutarom (TA:FRUT), which rose 4.10% or 820 points to trade at 20820 at the close. Meanwhile, Elbit Systems (TA:ESLT) added 3.20% or 1160 points to end at 37360 and Poalim (TA:POLI) was up 3.15% or 68 points to 2230 in late trade.

The worst performers of the session were Teva (TA:TEVA), which fell 5.19% or 880 points to trade at 16070 at the close. OPKO Health Inc (TA:OPK) declined 1.75% or 64 points to end at 3586 and Perrigo (TA:PRGO) was down 0.74% or 250 points to 33350.

Rising stocks outnumbered declining ones on the Tel Aviv Stock Exchange by 200 to 141 and 103 ended unchanged.

Shares in Teva (TA:TEVA) fell to 52-week lows; falling 5.19% or 880 to 16070. Shares in Poalim (TA:POLI) rose to 5-year highs; up 3.15% or 68 to 2230.

Crude oil for November delivery was down 0.14% or 0.07 to $49.87 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 0.27% or 0.14 to hit $51.38 a barrel, while the December Gold contract rose 0.32% or 4.05 to trade at $1260.65 a troy ounce.

USD/ILS was down 0.28% to 3.8264, while EUR/ILS fell 0.36% to 4.1982.

The US Dollar Index was up 0.07% at 97.93.

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