Israel stocks higher at close of trade; TA 35 up 0.58%

Israel stocks higher at close of trade; TA 35 up 0.58%

Apr 16, 2019

Israel stocks were higher after the close on Tuesday, as gains in the Banking, Real Estate and Communication sectors led shares higher.

At the close in Tel Aviv, the TA 35 added 0.58% to hit a new 3-months high.

The best performers of the session on the TA 35 were Bezeq Israeli Telecommunication Corp Ltd (TA:BEZQ), which rose 5.05% or 12.6 points to trade at 262.0 at the close. Meanwhile, Airport City Ltd (TA:ARPT) added 2.30% or 140 points to end at 6225 and Bazan Oil Refineries Ltd (TA:ORL) was up 1.67% or 3.0 points to 182.9 in late trade.

The worst performers of the session were Phoenix Holdings Ltd (TA:PHOE1), which fell 2.04% or 44 points to trade at 2115 at the close. Harel (TA:HARL) declined 1.05% or 29 points to end at 2735 and Gazit Globe Ltd (TA:GZT) was down 1.01% or 30 points to 2955.

Rising stocks outnumbered declining ones on the Tel Aviv Stock Exchange by 227 to 163 and 33 ended unchanged.

Shares in Airport City Ltd (TA:ARPT) rose to all time highs; rising 2.30% or 140 to 6225.

Crude oil for May delivery was up 0.38% or 0.24 to $63.64 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.18% or 0.13 to hit $71.31 a barrel, while the June Gold Futures contract fell 1.11% or 14.35 to trade at $1276.95 a troy ounce.

USD/ILS was up 0.26% to 3.5684, while EUR/ILS rose 0.09% to 4.0277.

The US Dollar Index Futures was up 0.10% at 96.653.

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