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Israel stocks lower at close of trade; TA 35 down 0.96%

Published 03/23/2020, 01:30 PM
© Reuters.  Israel stocks lower at close of trade; TA 35 down 0.96%
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Investing.com – Israel stocks were lower after the close on Monday, as losses in the Oil & Gas, Real Estate and Banking sectors led shares lower.

At the close in Tel Aviv, the TA 35 declined 0.96% to hit a new 5-year low.

The best performers of the session on the TA 35 were Harel (TASE:HARL), which rose 6.68% or 108 points to trade at 1724 at the close. Meanwhile, Bezeq Israeli Telecommunication Corp Ltd (TASE:BEZQ) added 6.58% or 14.4 points to end at 233.4 and OPKO Health Inc (TASE:OPK) was up 4.72% or 23 points to 506 in late trade.

The worst performers of the session were Delek Group (TASE:DLEKG), which fell 40.77% or 5300 points to trade at 7700 at the close. Bazan Oil Refineries Ltd (TASE:ORL) declined 13.59% or 9.5 points to end at 60.4 and Fattal 1998 Holdings Ltd (TASE:FATTAL) was down 12.21% or 1258 points to 9042.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 196 to 182 and 30 ended unchanged.

Shares in Bazan Oil Refineries Ltd (TASE:ORL) fell to all time lows; falling 13.59% or 9.5 to 60.4.

Crude oil for May delivery was down 0.44% or 0.10 to $22.53 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 2.11% or 0.57 to hit $26.41 a barrel, while the April Gold Futures contract rose 5.45% or 80.95 to trade at $1565.55 a troy ounce.

USD/ILS was up 2.37% to 3.6905, while EUR/ILS rose 3.07% to 3.9743.

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The US Dollar Index Futures was down 0.51% at 102.972.

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