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Israel stocks lower at close of trade; TA 25 down 1.73%

Published 05/01/2016, 10:00 AM
Updated 05/01/2016, 10:45 AM
Israel stocks lower at close of trade; TA 25 down 1.73%

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

At the close in Tel Aviv, the TA 25 lost 1.73% to hit a new 1-month low.

The best performers of the session on the TA 25 were Bezeq (TA:BEZQ), which rose 1.07% or 8.5 points to trade at 805.5 at the close. Meanwhile, Strauss Group (TA:STRS) added 0.17% or 10 points to end at 5932 and Paz Oil (TA:PZOL) was up 0.09% or 50 points to 58280 in late trade.

The worst performers of the session were Teva (TA:TEVA), which fell 4.33% or 910 points to trade at 20100 at the close. Perrigo (TA:PRGO) declined 3.43% or 1280 points to end at 36090 and ICL Israel Chemicals Ltd (TA:ICL) was down 2.54% or 47 points to 1807.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 215 to 111 and 126 ended unchanged.

Shares in Teva (TA:TEVA) fell to 52-week lows; down 4.33% or 910 to 20100. Shares in Perrigo (TA:PRGO) fell to 3-years lows; down 3.43% or 1280 to 36090.

Crude oil for June delivery was down 0.02% or 0.01 to $46.02 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 0.80% or 0.38 to hit $47.39 a barrel, while the June Gold contract rose 2.27% or 28.80 to trade at $1295.20 a troy ounce.

USD/ILS was down 0.38% to 3.7423, while EUR/ILS rose 0.89% to 4.3022.

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The US Dollar Index was down 0.76% at 93.02.

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