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Israel shares higher at close of trade; TA 35 up 0.42%

Published 01/12/2017, 03:00 am
Updated 01/12/2017, 03:05 am
© Reuters.  Israel shares higher at close of trade; TA 35 up 0.42%
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Investing.com – Israel equities were higher at the close on Thursday, as gains in the Oil & Gas, Insurance and Financials sectors propelled shares higher.

At the close in Tel Aviv, the TA 35 gained 0.42% to hit a new 3-month high.

The biggest gainers of the session on the TA 35 were Tower Semiconductor Ltd (TA:TSEM), which rose 7.17% or 850 points to trade at 12700 at the close. Delek Group (TA:DLEKG) added 4.12% or 2200 points to end at 55640 and Delek Drilling LP (TA:DEDRp) was up 2.87% or 29 points to 1039 in late trade.

Biggest losers included Mylan NV (TA:MYL), which lost 2.45% or 320 points to trade at 12760 in late trade. Elbit Systems Ltd (TA:ESLT) declined 1.88% or 930 points to end at 48420 and Teva Pharmaceutical Industries Ltd (TA:TEVA) shed 1.24% or 65 points to 5166.

Advancing stocks outnumbered falling ones by 216 to 173 and 36 ended unchanged on the Tel Aviv Stock Exchange.

In commodities trading, Crude oil for January delivery was up 0.14% or 0.08 to $57.38 a barrel. Meanwhile, Brent oil for delivery in February rose 0.32% or 0.20 to hit $62.73 a barrel, while the December Gold Futures contract fell 0.29% or 3.66 to trade at $1278.44 a troy ounce.

USD/ILS was down 0.28% to 3.4941, while EUR/ILS rose 0.33% to 4.1645.

The US Dollar Index Futures was down 0.44% at 92.81.

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