Israel stocks lower at close of trade; TA 35 down 0.16%

Israel stocks lower at close of trade; TA 35 down 0.16%

Feb 17, 2020

Israel stocks were lower after the close on Monday, as losses in the Biomed, Oil&Gas and Technology sectors led shares lower.

At the close in Tel Aviv, the TA 35 fell 0.16%.

The best performers of the session on the TA 35 were Harel (TASE:HARL), which rose 3.36% or 80 points to trade at 2460 at the close. Meanwhile, Airport City Ltd (TASE:ARPT) added 2.45% or 165 points to end at 6890 and Bezeq Israeli Telecommunication Corp Ltd (TASE:BEZQ) was up 1.05% or 2.8 points to 268.9 in late trade.

The worst performers of the session were Israel Corp (TASE:ILCO), which fell 4.25% or 2380 points to trade at 53580 at the close. Bazan Oil Refineries Ltd (TASE:ORL) declined 3.30% or 4.6 points to end at 134.6 and Energean Oil&Gas PLC (TASE:ENOG) was down 3.15% or 112 points to 3448.

Rising stocks outnumbered declining ones on the Tel Aviv Stock Exchange by 208 to 182 and 28 ended unchanged.

Shares in Israel Corp (TASE:ILCO) fell to 5-year lows; falling 4.25% or 2380 to 53580. Shares in Bazan Oil Refineries Ltd (TASE:ORL) fell to 3-years lows; losing 3.30% or 4.6 to 134.6.

Crude oil for April delivery was up 0.11% or 0.06 to $52.38 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 0.10% or 0.06 to hit $57.38 a barrel, while the April Gold Futures contract fell 0.13% or 2.05 to trade at $1584.35 a troy ounce.

USD/ILS was down 0.13% to 3.4208, while EUR/ILS fell 0.09% to 3.7071.

The US Dollar Index Futures was up 0.03% at 99.037.

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