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Israel stocks lower at close of trade; TA 25 down 0.22%

Published 05/31/2016, 11:00 AM
Updated 05/31/2016, 11:00 AM
Israel stocks lower at close of trade; TA 25 down 0.22%

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

At the close in Tel Aviv, the TA 25 declined 0.22%.

The best performers of the session on the TA 25 were Poalim (TA:POLI), which rose 1.38% or 27 points to trade at 1990 at the close. Meanwhile, Paz Oil (TA:PZOL) added 1.00% or 640 points to end at 64510 and Israel Corp (TA:ILCO) was up 0.81% or 540 points to 66920 in late trade.

The worst performers of the session were Delek Group (TA:DLEKG), which fell 2.42% or 1790 points to trade at 72210 at the close. Gazit Globe (TA:GZT) declined 2.27% or 76 points to end at 3270 and Delek Drilling LP (TA:DEDRp) was down 2.15% or 29 points to 1321.

Rising stocks outnumbered declining ones on the Tel Aviv Stock Exchange by 187 to 152 and 106 ended unchanged.

Shares in Paz Oil (TA:PZOL) rose to 5-year highs; gaining 1.00% or 640 to 64510.

Crude oil for July delivery was up 1.16% or 0.57 to $49.90 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August rose 0.60% or 0.30 to hit $50.66 a barrel, while the August Gold contract fell 0.11% or 1.35 to trade at $1215.35 a troy ounce.

USD/ILS was up 0.13% to 3.8508, while EUR/ILS rose 0.10% to 4.2878.

The US Dollar Index was up 0.07% at 95.79.

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