Israel stocks higher at close of trade; TA 35 up 0.24% By Investing.com

Israel stocks higher at close of trade; TA 35 up 0.24%

Stock Markets Mar 23, 2022 01:30PM ET

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Israel stocks higher at close of trade; TA 35 up 0.24%

Investing.com – Israel stocks were higher after the close on Wednesday, as gains in the Oil & Gas, Banking and Insurance sectors led shares higher.

At the close in Tel Aviv, the TA 35 rose 0.24% to hit a new 1-month high.

The best performers of the session on the TA 35 were Israel Corp (TASE:ILCO), which rose 4.92% or 9,040.00 points to trade at 192,940.00 at the close. Meanwhile, Ashtrom Group Ltd (TASE:ASHG) added 4.07% or 379.00 points to end at 9,683.00 and ICL Israel Chemicals Ltd (TASE:ICL) was up 3.88% or 143.00 points to 3,833.00 in late trade.

The worst performers of the session were Maytronics (TASE:MTRN), which fell 5.68% or 395.00 points to trade at 6,555.00 at the close. Nova (TASE:NVMI) declined 3.39% or 1,300.00 points to end at 37,100.00 and Nice Ltd (TASE:NICE) was down 2.69% or 1,960.00 points to 70,790.00.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 252 to 250 and 25 ended unchanged.

Shares in Israel Corp (TASE:ILCO) rose to 5-year highs; gaining 4.92% or 9,040.00 to 192,940.00. Shares in Ashtrom Group Ltd (TASE:ASHG) rose to all time highs; rising 4.07% or 379.00 to 9,683.00.

Crude oil for May delivery was up 4.40% or 4.81 to $114.08 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 4.75% or 5.48 to hit $120.96 a barrel, while the April Gold Futures contract rose 0.81% or 15.65 to trade at $1,937.15 a troy ounce.

USD/ILS was up 0.27% to 3.22, while EUR/ILS unchanged 0.03% to 3.54.

The US Dollar Index Futures was up 0.17% at 98.69.

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