Israel stocks higher at close of trade; TA 35 up 1.20%

Israel stocks higher at close of trade; TA 35 up 1.20%

Oct 15, 2019

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

At the close in Tel Aviv, the TA 35 gained 1.20% to hit a new 1-month high.

The best performers of the session on the TA 35 were Tower Semiconductor Ltd (TASE:TSEM), which rose 6.23% or 434 points to trade at 7400 at the close. Meanwhile, Liveperson (TASE:LPSN) added 5.42% or 710 points to end at 13810 and Delek Group (TASE:DLEKG) was up 3.35% or 1430 points to 44080 in late trade.

The worst performers of the session were Bezeq Israeli Telecommunication Corp Ltd (TASE:BEZQ), which fell 2.46% or 5.8 points to trade at 230.2 at the close. Isramco Negev 2 LP (TASE:ISRAp) declined 1.61% or 1.0 points to end at 61.2 and Airport City Ltd (TASE:ARPT) was down 1.27% or 86 points to 6708.

Rising stocks outnumbered declining ones on the Tel Aviv Stock Exchange by 243 to 134 and 30 ended unchanged.

Shares in Tower Semiconductor Ltd (TASE:TSEM) rose to 52-week highs; gaining 6.23% or 434 to 7400.

Crude oil for November delivery was down 0.28% or 0.15 to $53.44 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 0.10% or 0.06 to hit $59.29 a barrel, while the December Gold Futures contract fell 0.86% or 12.90 to trade at $1484.70 a troy ounce.

USD/ILS was up 0.38% to 3.5222, while EUR/ILS rose 0.29% to 3.8809.

The US Dollar Index Futures was down 0.04% at 98.132.

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