Israel stocks higher at close of trade; TA 35 up 0.76%

Israel stocks higher at close of trade; TA 35 up 0.76%

Apr 10, 2019

Israel stocks were higher after the close on Wednesday, as gains in the Oil&Gas, Insurance and Financials sectors led shares higher.

At the close in Tel Aviv, the TA 35 added 0.76% to hit a new 1-month high.

The best performers of the session on the TA 35 were Delek Group (TA:DLEKG), which rose 6.47% or 4130 points to trade at 68000 at the close. Meanwhile, Elbit Systems Ltd (TA:ESLT) added 4.72% or 2310 points to end at 51210 and Delek Drilling LP (TA:DEDRp) was up 4.55% or 50 points to 1150 in late trade.

The worst performers of the session were Teva Pharmaceutical Industries Ltd (TA:TEVA), which fell 4.28% or 233 points to trade at 5214 at the close. OPKO Health Inc (TA:OPK) declined 1.81% or 17 points to end at 910 and Ormat Technologies (TA:ORA) was down 0.99% or 200 points to 20050.

Rising stocks outnumbered declining ones on the Tel Aviv Stock Exchange by 256 to 122 and 40 ended unchanged.

Shares in Delek Group (TA:DLEKG) rose to 52-week highs; gaining 6.47% or 4130 to 68000. Shares in Teva Pharmaceutical Industries Ltd (TA:TEVA) fell to 52-week lows; losing 4.28% or 233 to 5214. Shares in Elbit Systems Ltd (TA:ESLT) rose to 52-week highs; up 4.72% or 2310 to 51210.

Crude oil for May delivery was up 0.91% or 0.58 to $64.56 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 1.50% or 1.06 to hit $71.67 a barrel, while the June Gold Futures contract rose 0.28% or 3.65 to trade at $1311.95 a troy ounce.

USD/ILS was up 0.07% to 3.5795, while EUR/ILS rose 0.15% to 4.0346.

The US Dollar Index Futures was down 0.05% at 96.558.

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