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Israel stocks lower at close of trade; TA 25 down 3.17%

Published 06/26/2016, 10:00 AM
Updated 06/26/2016, 10:45 AM
Israel stocks lower at close of trade; TA 25 down 3.17%

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

At the close in Tel Aviv, the TA 25 lost 3.17% to hit a new 3-months low.

The best performers of the session on the TA 25 were Paz Oil (TA:PZOL), which fell 1.04% or 650 points to trade at 61880 at the close. Meanwhile, Avner L (TA:AVNRp) fell 1.15% or 2.9 points to end at 248.6 and Delek Drilling LP (TA:DEDRp) was down 1.29% or 18 points to 1375 in late trade.

The worst performers of the session were Frutarom (TA:FRUT), which fell 5.79% or 1070 points to trade at 17400 at the close. ICL Israel Chemicals Ltd (TA:ICL) declined 4.69% or 76 points to end at 1545 and First International Bank of Israel (TA:FTIN) was down 4.67% or 230 points to 4700.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 288 to 36 and 114 ended unchanged.

Crude oil for August delivery was down 5.09% or 2.55 to $47.56 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September unchanged 0.00% or 0.00 to hit $49.04 a barrel, while the August Gold contract rose 4.39% or 55.40 to trade at $1318.50 a troy ounce.

USD/ILS was up 1.51% to 3.8848, while EUR/ILS fell 1.10% to 4.3146.

The US Dollar Index was up 2.46% at 95.63.

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