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Israel stocks higher at close of trade; TA 35 up 1.66%

Published 08/14/2017, 11:00 AM
Updated 08/14/2017, 11:05 AM
Israel stocks higher at close of trade; TA 35 up 1.66%

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

At the close in Tel Aviv, the TA 35 gained 1.66%.

The best performers of the session on the TA 35 were Tower Semiconductor Ltd (TA:TSEM), which rose 4.46% or 399 points to trade at 9350 at the close. Meanwhile, Delek Drilling LP (TA:DEDRp) added 3.73% or 46 points to end at 1280 and Azrieli Group Ltd (TA:AZRG) was up 3.71% or 730 points to 20420 in late trade.

The worst performers of the session were Teva Pharmaceutical Industries Ltd (TA:TEVA), which fell 1.93% or 122 points to trade at 6200 at the close. Bezeq Israeli Telecommunication Corp Ltd (TA:BEZQ) declined 1.46% or 7.4 points to end at 500.5 and Mylan NV (TA:MYL) was down 0.72% or 80 points to 11060.

Rising stocks outnumbered declining ones on the Tel Aviv Stock Exchange by 281 to 127 and 4 ended unchanged.

Shares in Teva Pharmaceutical Industries Ltd (TA:TEVA) fell to 5-year lows; down 1.93% or 122 to 6200. Shares in Mylan NV (TA:MYL) fell to all time lows; falling 0.72% or 80 to 11060.

Crude oil for September delivery was up 0.41% or 0.20 to $49.02 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.27% or 0.14 to hit $52.24 a barrel, while the December Gold Futures contract fell 0.28% or 3.62 to trade at $1290.38 a troy ounce.

USD/ILS was down 0.06% to 3.5820, while EUR/ILS fell 0.44% to 4.2212.

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The US Dollar Index Futures was up 0.27% at 93.24.

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