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Israel stocks lower at close of trade; TA 25 down 0.37%

Published 12/04/2016, 10:00 AM
Updated 12/04/2016, 10:00 AM
Israel stocks lower at close of trade; TA 25 down 0.37%

Israel stocks lower at close of trade; TA 25 down 0.37%

Investing.com – Israel stocks were lower after the close on Sunday, as losses in the Biomed, Insurance and Technology sectors led shares lower.

At the close in Tel Aviv, the TA 25 declined 0.37%.

The best performers of the session on the TA 25 were Frutarom (TA:FRUT), which rose 2.55% or 520 points to trade at 20920 at the close. Meanwhile, Elbit Systems (TA:ESLT) added 1.79% or 680 points to end at 38680 and Delek Group (TA:DLEKG) was up 1.35% or 1110 points to 83110 in late trade.

The worst performers of the session were Teva (TA:TEVA), which fell 2.71% or 390 points to trade at 14010 at the close. Mylan NV (TA:MYL) declined 2.20% or 310 points to end at 13750 and Israel Corp (TA:ILCO) was down 1.15% or 700 points to 60300.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 182 to 160 and 101 ended unchanged.

Shares in Teva (TA:TEVA) fell to 52-week lows; down 2.71% or 390 to 14010.

Crude oil for January delivery was up 1.23% or 0.63 to $51.69 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.91% or 0.49 to hit $54.43 a barrel, while the February Gold contract rose 0.82% or 9.60 to trade at $1179.00 a troy ounce.

USD/ILS was down 0.32% to 3.8167, while EUR/ILS fell 0.25% to 4.0716.

The US Dollar Index was down 0.27% at 100.75.

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