Israel stocks higher at close of trade; TA 35 up 0.49%

Israel stocks higher at close of trade; TA 35 up 0.49%

May 06, 2018

Investing.com – Israel stocks were higher after the close on Sunday, as gains in the Oil&Gas, Technology and Communication sectors led shares higher.

At the close in Tel Aviv, the TA 35 added 0.49%.

The best performers of the session on the TA 35 were Ormat Technologies (TA:ORA), which rose 3.41% or 710 points to trade at 21560 at the close. Meanwhile, Frutarom Industries Ltd (TA:FRUT) added 2.98% or 1000 points to end at 34600 and Tower Semiconductor Ltd (TA:TSEM) was up 2.95% or 282 points to 9852 in late trade.

The worst performers of the session were Teva Pharmaceutical Industries Ltd (TA:TEVA), which fell 5.49% or 377 points to trade at 6484 at the close. Paz Oil (TA:PZOL) declined 0.98% or 510 points to end at 51750 and OPKO Health Inc (TA:OPK) was down 0.70% or 8 points to 1128.

Rising stocks outnumbered declining ones on the Tel Aviv Stock Exchange by 218 to 167 and 30 ended unchanged.

Crude oil for June delivery was up 1.97% or 1.35 to $69.78 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 1.82% or 1.34 to hit $74.96 a barrel, while the June Gold Futures contract rose 0.22% or 2.90 to trade at $1315.60 a troy ounce.

USD/ILS was down 0.14% to 3.6132, while EUR/ILS fell 0.35% to 4.3226.

The US Dollar Index Futures was up 0.15% at 92.42.

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