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Israel shares lower at close of trade; TA 25 down 0.33%

Published 08/12/2016, 03:00 am
Israel shares lower at close of trade; TA 25 down 0.33%
TEVA
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TA35
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TELFIN
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GCT
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POLI
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TELBANK5
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VTRS
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TAINSRTPL
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ORA
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OPK
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Investing.com – Israel equities were lower at the close on Wednesday, as losses in the Banking, Financials and Insurance sectors propelled shares lower.

At the close in Tel Aviv, the TA 25 lost 0.33%.

The biggest gainers of the session on the TA 25 were Ormat Technologies (TA:ORA), which rose 1.43% or 260 points to trade at 18480 at the close. Gazit Globe (TA:GZT) added 1.35% or 46 points to end at 3456 and OPKO Health Inc (TA:OPK) was up 1.27% or 53 points to 4235 in late trade.

Biggest losers included Mylan NV (TA:MYL), which lost 2.94% or 390 points to trade at 12870 in late trade. Teva (TA:TEVA) declined 1.50% or 200 points to end at 13160 and Poalim (TA:POLI) shed 1.16% or 27 points to 2306.

Declining stocks outnumbered rising ones by 184 to 170 and 88 ended unchanged on the Tel Aviv Stock Exchange.

In commodities trading, Crude oil for January delivery was down 1.59% or 0.81 to $50.12 a barrel. Meanwhile, Brent oil for delivery in February fell 1.11% or 0.60 to hit $53.33 a barrel, while the February Gold contract rose 0.85% or 9.90 to trade at $1180.00 a troy ounce.

USD/ILS was down 0.51% to 3.7964, while EUR/ILS fell 0.19% to 4.0865.

The US Dollar Index was down 0.32% at 100.19.

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