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Israel shares higher at close of trade; TA 25 up 0.15%

Published 2016-06-07, 11:00 a/m
Israel shares higher at close of trade; TA 25 up 0.15%
TA35
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TEREAL
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DLEKG
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FRUT
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ILCO
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POLI
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AZRG
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TAINSRTPL
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BIOMED
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ESLT
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Investing.com – Israel equities were higher at the close on Tuesday, as gains in the Insurance, Real Estate and Biomed sectors propelled shares higher.

At the close in Tel Aviv, the TA 25 rose 0.15% to hit a new 1-month high.

The biggest gainers of the session on the TA 25 were Azrieli Group (TA:AZRG), which rose 2.60% or 420 points to trade at 16600 at the close. Israel Corp (TA:ILCO) added 2.22% or 1530 points to end at 70300 and Elbit Systems (TA:ESLT) was up 1.73% or 620 points to 36450 in late trade.

Biggest losers included Frutarom (TA:FRUT), which lost 1.76% or 330 points to trade at 18470 in late trade. Poalim (TA:POLI) declined 1.59% or 31 points to end at 1921 and Delek Group (TA:DLEKG) shed 1.29% or 930 points to 70900.

Declining stocks outnumbered rising ones by 177 to 173 and 94 ended unchanged on the Tel Aviv Stock Exchange.

In commodities trading, Crude oil for July delivery was up 0.52% or 0.26 to $49.95 a barrel. Meanwhile, Brent oil for delivery in August rose 0.75% or 0.38 to hit $50.93 a barrel, while the August Gold contract fell 0.30% or 3.70 to trade at $1243.70 a troy ounce.

USD/ILS was up 0.16% to 3.8307, while EUR/ILS rose 0.13% to 4.3497.

The US Dollar Index was down 0.16% at 93.88.

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