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Israel stocks lower at close of trade; TA 25 down 1.36%

Published 05/15/2016, 10:00 AM
Updated 05/15/2016, 10:00 AM
Israel stocks lower at close of trade; TA 25 down 1.36%

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

At the close in Tel Aviv, the TA 25 fell 1.36% to hit a new 3-months low.

The best performers of the session on the TA 25 were Bezeq (TA:BEZQ), which rose 0.80% or 6.5 points to trade at 816.5 at the close. Meanwhile, ICL Israel Chemicals Ltd (TA:ICL) added 0.67% or 11 points to end at 1655 and Azrieli Group (TA:AZRG) was up 0.53% or 80 points to 15280 in late trade.

The worst performers of the session were Perrigo (TA:PRGO), which fell 5.44% or 1930 points to trade at 33550 at the close. Teva (TA:TEVA) declined 3.74% or 750 points to end at 19280 and Elbit Systems (TA:ESLT) was down 3.16% or 1170 points to 35830.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 202 to 114 and 132 ended unchanged.

Shares in Perrigo (TA:PRGO) fell to 3-years lows; falling 5.44% or 1930 to 33550.

Crude oil for June delivery was down 0.69% or 0.32 to $46.38 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 0.40% or 0.19 to hit $47.89 a barrel, while the June Gold contract rose 0.27% or 3.40 to trade at $1274.60 a troy ounce.

USD/ILS was up 0.50% to 3.7863, while EUR/ILS fell 0.16% to 4.2794.

The US Dollar Index was up 0.52% at 94.60.

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