October 10, 2024

Israel stocks lower at close of trade; TA 35 down 0.94%

Investing.com – Israel stocks were lower after the close on Thursday, as losses in the Banking, Real Estate and Oil & Gas sectors led shares lower.

At the close in Tel Aviv, the TA 35 declined 0.94%.

The best performers of the session on the TA 35 were Teva Pharmaceutical Industries Ltd (TASE:TEVA), which rose 1.36% or 89.00 points to trade at 6,629.00 at the close. Meanwhile, Bezeq Israeli Telecommunication Corp Ltd (TASE:BEZQ) added 0.39% or 1.70 points to end at 436.70 and Tower Semiconductor Ltd (TASE:TSEM) was up 0.23% or 40.00 points to 17,070.00 in late trade.

The worst performers of the session were Shikun & Binui (TASE:SKBN), which fell 3.26% or 29.00 points to trade at 861.00 at the close. OPC Energy Ltd (TASE:OPCE) declined 2.47% or 74.00 points to end at 2,921.00 and Elbit Systems Ltd (TASE:ESLT) was down 2.36% or 1,850.00 points to 76,660.00.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 296 to 132 and 112 ended unchanged.

Shares in Tower Semiconductor Ltd (TASE:TSEM) rose to 5-year highs; gaining 0.23% or 40.00 to 17,070.00.

Crude oil for November delivery was up 2.18% or 1.60 to $74.84 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 2.22% or 1.70 to hit $78.28 a barrel, while the December Gold Futures contract rose 0.55% or 14.50 to trade at $2,640.50 a troy ounce.

USD/ILS was up 0.22% to 3.77, while EUR/ILS unchanged 0.03% to 4.12.

The US Dollar Index Futures was up 0.07% at 102.76.

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