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Market News Israel stocks decline at market closing; the TA 35 fell 0.64 percent
Stock News

Israel stocks decline at market closing; the TA 35 fell 0.64 percent

Author Avatar TOPONE Markets Analyst
2022-07-05 10:41:22


Monday evening saw a decline in Israel's stock market, as losses in the Banking, Insurance, and Financials sectors led the decline.


At Tel Aviv's closing, the TA 35 lost 0.64 percent.


Energix (TASE:ENRG) had the greatest performance on the TA 35 during the session, gaining 5.27 percent of 61.00 points to finish at 1,218.00. Strauss Group (TASE:STRS) gained 2.07 percent, or 180 points, to close at $8,859.00, while Azrieli Group Ltd (TASE:AZRG) rose 1.08 percent, or 270 points, to $25,300.00 in late trading.


Israel Corp (TASE:ILCO) had the poorest performance during the day, falling 3.96 percent, or 6,240.00 points, to end at 151,260.00. ICL Israel Chemicals Ltd (TASE:ICL) down 3.07 percent, or 98.00 points, to conclude the day at 3,097.00, while Kenon Holdings Ltd (TASE:KEN) fell 2.28 percent, or 310.00 points, to 13,310.00.


On the Tel Aviv Stock Exchange, declining equities outweighed ascending ones by 276 to 201, with 39 ending unchanged.


The price per barrel of crude oil for August delivery rose 1.82 percent, or $1.97, to $110.40. Brent oil for September delivery increased 1.75 percent, or $1.95, to $113.58 per barrel, while the August Gold Futures contract increased 0.28 percent, or $5.00, to trade at $1,806.50 per troy ounce.


The USD/ILS slipped 0.60 percent to 3.50, while the EUR/ILS declined 0.64 percent to 3.65.


At 104.98, the US Dollar Index Futures rose 0.07 percent.


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