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Israel shares lower at close of trade; TA 35 down 0.83%

Published 30/05/2018, 01:00 am
© Reuters.  Israel shares lower at close of trade; TA 35 down 0.83%
TA35
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TELFIN
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DLEKG
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FRUT
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LUMI
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PAZ
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TELBANK5
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TAOILGAS
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ORA
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ESLT
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Investing.com – Israel equities were lower at the close on Tuesday, as losses in the Banking, Financials and Oil & Gas sectors propelled shares lower.

At the close in Tel Aviv, the TA 35 lost 0.83%.

The biggest gainers of the session on the TA 35 were Ormat Technologies (TA:ORA), which rose 3.63% or 660 points to trade at 18840 at the close. Elbit Systems Ltd (TA:ESLT) added 3.42% or 1390 points to end at 42010 and Frutarom Industries Ltd (TA:FRUT) was up 1.23% or 420 points to 34610 in late trade.

Biggest losers included Leumi (TA:LUMI), which lost 4.08% or 93 points to trade at 2186 in late trade. Paz Oil (TA:PZOL) declined 3.26% or 1680 points to end at 49820 and Delek Group (TA:DLEKG) shed 2.88% or 1620 points to 54540.

Declining stocks outnumbered rising ones by 246 to 133 and 34 ended unchanged on the Tel Aviv Stock Exchange.

In commodities trading, Crude oil for July delivery was down 1.71% or 1.16 to $66.72 a barrel. Meanwhile, Brent oil for delivery in August rose 0.28% or 0.21 to hit $75.53 a barrel, while the June Gold Futures contract fell 0.15% or 2.00 to trade at $1301.70 a troy ounce.

USD/ILS was up 0.64% to 3.5968, while EUR/ILS rose 0.10% to 4.1588.

The US Dollar Index Futures was up 0.35% at 94.69.

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