Israel stocks higher at close of trade; TA 35 up 4.09%

Israel stocks higher at close of trade; TA 35 up 4.09%

Mar 19, 2020

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

At the close in Tel Aviv, the TA 35 added 4.09%.

The best performers of the session on the TA 35 were Fattal 1998 Holdings Ltd (TASE:FATTAL), which rose 27.56% or 2139 points to trade at 9900 at the close. Meanwhile, Delek Group (TASE:DLEKG) added 20.43% or 2780 points to end at 16390 and Israel Corp (TASE:ILCO) was up 18.56% or 6020 points to 38460 in late trade.

The worst performers of the session were OPKO Health Inc (TASE:OPK), which fell 6.68% or 41 points to trade at 571 at the close. Perrigo (TASE:PRGO) declined 4.19% or 750 points to end at 17150 and Bazan Oil Refineries Ltd (TASE:ORL) was down 3.09% or 2.3 points to 72.1.

Rising stocks outnumbered declining ones on the Tel Aviv Stock Exchange by 303 to 89 and 19 ended unchanged.

Shares in Bazan Oil Refineries Ltd (TASE:ORL) fell to all time lows; down 3.09% or 2.3 to 72.1.

Crude oil for May delivery was up 22.13% or 4.61 to $25.44 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 13.59% or 3.38 to hit $28.26 a barrel, while the April Gold Futures contract rose 0.08% or 1.15 to trade at $1479.05 a troy ounce.

USD/ILS was down 1.99% to 3.6452, while EUR/ILS fell 3.91% to 3.9001.

The US Dollar Index Futures was up 1.46% at 103.030.

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