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Israel shares higher at close of trade; TA 35 up 0.96%

Published 08/05/2017, 12:00 am
© Reuters.  Israel shares higher at close of trade; TA 35 up 0.96%
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Investing.com – Israel equities were higher at the close on Sunday, as gains in the Insurance, Financials and Banking sectors propelled shares higher.

At the close in Tel Aviv, the TA 35 added 0.96% to hit a new 1-month high.

The biggest gainers of the session on the TA 35 were Azrieli Group Ltd (TA:AZRG), which rose 2.90% or 580 points to trade at 20550 at the close. Mizrahi Tefahot (TA:MZTF) added 2.84% or 169 points to end at 6130 and Harel (TA:HARL) was up 2.63% or 51 points to 1992 in late trade.

Biggest losers included Ormat Technologies (TA:ORA), which lost 2.41% or 510 points to trade at 20650 in late trade. Strauss Group (TA:STRS) declined 1.33% or 85 points to end at 6307 and Elbit Systems (TA:ESLT) shed 0.52% or 220 points to 42200.

Advancing stocks outnumbered falling ones by 276 to 138 and 87 ended unchanged on the Tel Aviv Stock Exchange.

In commodities trading, Crude oil for June delivery was up 2.17% or 0.99 to $46.51 a barrel. Meanwhile, Brent oil for delivery in July rose 2.17% or 1.05 to hit $49.43 a barrel, while the June Gold Futures contract rose 0.03% or 0.41 to trade at $1229.01 a troy ounce.

USD/ILS was down 0.43% to 3.5909, while EUR/ILS fell 0.34% to 3.9482.

The US Dollar Index Futures was down 0.19% at 98.42.

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