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Israel shares lower at close of trade; TA 35 down 0.19%

Published 2018-02-22, 11:00 a/m
© Reuters.  Israel shares lower at close of trade; TA 35 down 0.19%
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Investing.com – Israel equities were lower at the close on Thursday, as losses in the Insurance, Communication and Real Estate sectors propelled shares lower.

At the close in Tel Aviv, the TA 35 fell 0.19%.

The biggest gainers of the session on the TA 35 were Alony Hetz Properties and Investments Ltd (TA:ALHE), which rose 3.24% or 106 points to trade at 3380 at the close. Delek Drilling LP (TA:DEDRp) added 2.91% or 30 points to end at 1060 and Israel Discount Bank Ltd (TA:DSCT) was up 1.82% or 17.4 points to 974.0 in late trade.

Biggest losers included Tower Semiconductor Ltd (TA:TSEM), which lost 7.19% or 850 points to trade at 10970 in late trade. Ormat Technologies (TA:ORA) declined 2.53% or 570 points to end at 22000 and Cellcom Israel Ltd (TA:CEL) shed 1.76% or 52 points to 2910.

Declining stocks outnumbered rising ones by 235 to 138 and 34 ended unchanged on the Tel Aviv Stock Exchange.

In commodities trading, Crude oil for April delivery was up 0.75% or 0.46 to $62.14 a barrel. Meanwhile, Brent oil for delivery in April rose 0.55% or 0.36 to hit $65.78 a barrel, while the April Gold Futures contract fell 0.11% or 1.50 to trade at $1330.60 a troy ounce.

USD/ILS was down 0.00% to 3.4949, while EUR/ILS rose 0.19% to 4.3046.

The US Dollar Index Futures was down 0.30% at 89.76.

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