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Market News The TA 35 Index Was Down 1.19 Percent When Trading Ended
Stock News

The TA 35 Index Was Down 1.19 Percent When Trading Ended

Author Avatar TOPONE Markets Analyst
2022-12-19 10:44:30

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


At Tel Aviv's closing bell, the TA 35 plummeted 1.19 percent to a fresh one-month low.


Strauss Group (TASE:STRS) had the strongest performance on the TA 35 during the session, rising 3.06% or 272.00 points to close at 9,150.00. Energix (TASE:ENRG) gained 1.73%, or 20.00 points, to close at 1,173.00, while Nova (TASE:NVMI) climbed 1.52%, or 440.00 points, to 29,460.00 in late trading.


Ormat Technologies (TASE:ORA) had the poorest performance during the session, falling 4.22%, or 1,300.00 points, to close at 29,520.00. Teva Pharmaceutical Industries Ltd (TASE:TEVA) fell 3.32 percent, or 105.00 points, to close at 3,054.00, while Shikun & Binui (TASE:SKBN) fell 3.09 percent, or 36.00 points, to 1,129.00.


On the Tel Aviv Stock Exchange, declining equities outweighed ascending ones by 304 to 166, with 34 ending unchanged.


Shikun & Binui (TASE:SKBN) shares dropped to 52-week lows, declining 3.09%, or 36.00, to 1,129.00.


At $74.46 a barrel, crude oil for February delivery was unchanged by 0.00%, or 0.00. Brent oil for February delivery declined 2.40 percent, or $1.95, to $79.26 per barrel, while the February Gold Futures contract jumped 0.85 percent, or $15.20, to $1,803.00 per troy ounce.


USD/ILS jumped 1.26 percent to 3.46, while EUR/ILS climbed 0.78 percent to 3.66.


US Dollar Index Futures rose 0.24 percent to 104.45.

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