Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Israel stocks lower at close of trade; TA 35 down 3.58%

Published 03/11/2020, 01:30 PM
Updated 03/11/2020, 01:30 PM
© Reuters.  Israel stocks lower at close of trade; TA 35 down 3.58%

Investing.com – Israel stocks were lower after the close on Wednesday, as losses in the Oil & Gas, Insurance and Financials sectors led shares lower.

At the close in Tel Aviv, the TA 35 fell 3.58% to hit a new 5-year low.

The best performers of the session on the TA 35 were Liveperson (TASE:LPSN), which rose 3.53% or 251 points to trade at 7368 at the close. Meanwhile, Teva Pharmaceutical Industries Ltd (TASE:TEVA) added 2.56% or 81 points to end at 3247 and Nice Ltd (TASE:NICE) was up 0.16% or 80 points to 50000 in late trade.

The worst performers of the session were Fattal 1998 Holdings Ltd (TASE:FATTAL), which fell 31.80% or 9790 points to trade at 21000 at the close. Delek Group (TASE:DLEKG) declined 23.96% or 3500 points to end at 11110 and OPKO Health Inc (TASE:OPK) was down 22.88% or 184 points to 621.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 270 to 143 and 11 ended unchanged.

Shares in Fattal 1998 Holdings Ltd (TASE:FATTAL) fell to all time lows; down 31.80% or 9790 to 21000. Shares in Delek Group (TASE:DLEKG) fell to 5-year lows; losing 23.96% or 3500 to 11110.

Crude oil for April delivery was down 3.08% or 1.06 to $33.30 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 2.93% or 1.09 to hit $36.13 a barrel, while the April Gold Futures contract fell 1.06% or 17.65 to trade at $1642.65 a troy ounce.

USD/ILS was up 0.73% to 3.5557, while EUR/ILS rose 0.75% to 4.0113.

The US Dollar Index Futures was up 0.10% at 96.490.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.