Israel stocks lower at close of trade; TA 35 down 0.80%

Israel stocks lower at close of trade; TA 35 down 0.80%

Feb 18, 2020

Israel stocks were lower after the close on Tuesday, as losses in the Banking, Technology and Financials sectors led shares lower.

At the close in Tel Aviv, the TA 35 fell 0.80%.

The best performers of the session on the TA 35 were Elbit Systems Ltd (TASE:ESLT), which rose 3.42% or 1840 points to trade at 55620 at the close. Meanwhile, Delek Drilling LP (TASE:DEDRp) added 0.66% or 4 points to end at 673 and Harel (TASE:HARL) was up 0.57% or 14 points to 2474 in late trade.

The worst performers of the session were Tower Semiconductor Ltd (TASE:TSEM), which fell 8.21% or 680 points to trade at 7600 at the close. Liveperson (TASE:LPSN) declined 5.74% or 680 points to end at 11160 and Israel Corp (TASE:ILCO) was down 4.54% or 2430 points to 51150.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 268 to 128 and 23 ended unchanged.

Shares in Israel Corp (TASE:ILCO) fell to 5-year lows; falling 4.54% or 2430 to 51150.

Crude oil for April delivery was down 0.78% or 0.41 to $51.91 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 0.78% or 0.45 to hit $57.22 a barrel, while the April Gold Futures contract rose 1.23% or 19.45 to trade at $1605.85 a troy ounce.

USD/ILS was down 0.02% to 3.4190, while EUR/ILS fell 0.25% to 3.6954.

The US Dollar Index Futures was up 0.23% at 99.235.

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