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Israel shares lower at close of trade; TA 35 down 0.88%

Published 23/03/2018, 03:00 am
© Reuters.  Israel shares lower at close of trade; TA 35 down 0.88%
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Investing.com – Israel equities were lower at the close on Thursday, as losses in the Insurance, Communication and Financials sectors propelled shares lower.

At the close in Tel Aviv, the TA 35 fell 0.88% to hit a new 1-month low.

The biggest gainers of the session on the TA 35 were Big Shopping Centers Ltd (TA:BIG), which rose 2.86% or 630 points to trade at 22660 at the close. Delek Group (TA:DLEKG) added 0.84% or 500 points to end at 59900 and Delek Drilling LP (TA:DEDRp) was up 0.83% or 9 points to 1095 in late trade.

Biggest losers included Harel (TA:HARL), which lost 5.44% or 149 points to trade at 2590 in late trade. Cellcom Israel Ltd (TA:CEL) declined 4.04% or 108 points to end at 2562 and Partner (TA:PTNR) shed 3.61% or 63 points to 1684.

Declining stocks outnumbered rising ones by 258 to 109 and 55 ended unchanged on the Tel Aviv Stock Exchange.

In commodities trading, Crude oil for May delivery was down 0.98% or 0.64 to $64.53 a barrel. Meanwhile, Brent oil for delivery in May fell 0.62% or 0.43 to hit $69.04 a barrel, while the April Gold Futures contract rose 0.45% or 6.00 to trade at $1327.50 a troy ounce.

USD/ILS was up 0.73% to 3.4910, while EUR/ILS rose 0.43% to 4.2955.

The US Dollar Index Futures was up 0.20% at 89.46.

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