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Israel stocks lower at close of trade; TA 35 down 4.54%

Published 02/27/2020, 12:30 PM
Updated 02/27/2020, 12:30 PM
© Reuters.  Israel stocks lower at close of trade; TA 35 down 4.54%

© Reuters. Israel stocks lower at close of trade; TA 35 down 4.54%

Investing.com – Israel stocks were lower after the close on Thursday, as losses in the Biomed, Oil & Gas and Technology sectors led shares lower.

At the close in Tel Aviv, the TA 35 lost 4.54% to hit a new 3-months low.

The best performers of the session on the TA 35 were OPKO Health Inc (TASE:OPK), which rose 2.58% or 12 points to trade at 493 at the close. Meanwhile, Ormat Technologies (TASE:ORA) added 0.37% or 90 points to end at 24590 and Shufersal (TASE:SAE) was down 1.43% or 32 points to 2205 in late trade.

The worst performers of the session were Perrigo (TASE:PRGO), which fell 17.37% or 3680 points to trade at 17510 at the close. Liveperson (TASE:LPSN) declined 8.59% or 886 points to end at 9424 and Delek Group (TASE:DLEKG) was down 7.87% or 2920 points to 34180.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 358 to 48 and 17 ended unchanged.

Shares in Liveperson (TASE:LPSN) fell to 52-week lows; down 8.59% or 886 to 9424. Shares in Delek Group (TASE:DLEKG) fell to 5-year lows; falling 7.87% or 2920 to 34180.

Crude oil for April delivery was down 2.93% or 1.43 to $47.30 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 2.08% or 1.10 to hit $51.71 a barrel, while the April Gold Futures contract rose 0.20% or 3.30 to trade at $1646.40 a troy ounce.

USD/ILS was up 0.44% to 3.4491, while EUR/ILS rose 1.30% to 3.7841.

The US Dollar Index Futures was down 0.35% at 98.595.

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