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Israel stocks lower at close of trade; TA 35 down 0.80%

Published 08/23/2017, 11:00 AM
Updated 08/23/2017, 11:05 AM
Israel stocks lower at close of trade; TA 35 down 0.80%

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

At the close in Tel Aviv, the TA 35 fell 0.80%.

The best performers of the session on the TA 35 were Harel (TA:HARL), which rose 3.86% or 80 points to trade at 2150 at the close. Meanwhile, Frutarom Industries Ltd (TA:FRUT) added 2.98% or 790 points to end at 27270 and Tower Semiconductor Ltd (TA:TSEM) was up 2.11% or 206 points to 9990 in late trade.

The worst performers of the session were Bezeq Israeli Telecommunication Corp Ltd (TA:BEZQ), which fell 3.64% or 19.5 points to trade at 515.5 at the close. Poalim (TA:POLI) declined 2.90% or 73 points to end at 2444 and Israel Corp (TA:ILCO) was down 2.89% or 2060 points to 69100.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 267 to 131 and 14 ended unchanged.

Shares in Frutarom Industries Ltd (TA:FRUT) rose to all time highs; up 2.98% or 790 to 27270. Shares in Tower Semiconductor Ltd (TA:TSEM) rose to 5-year highs; gaining 2.11% or 206 to 9990.

Crude oil for October delivery was up 0.42% or 0.20 to $48.03 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.67% or 0.35 to hit $52.22 a barrel, while the December Gold Futures contract rose 0.25% or 3.23 to trade at $1294.23 a troy ounce.

USD/ILS was down 0.13% to 3.6146, while EUR/ILS rose 0.33% to 4.2697.

The US Dollar Index Futures was down 0.30% at 93.14.

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