Israel stocks lower at close of trade; TA 35 down 0.98%

Investing.com – Israel stocks were lower after the close on Wednesday, as losses in the Banking, Financials and Insurance sectors led shares lower.

At the close in Tel Aviv, the TA 35 declined 0.98%.

The best performers of the session on the TA 35 were Teva Pharmaceutical Industries Ltd (TASE:TEVA), which rose 3.84% or 118.00 points to trade at 3,190.00 at the close. Meanwhile, Strauss Group (TASE:STRS) added 2.99% or 258.00 points to end at 8,888.00 and Bezeq Israeli Telecommunication Corp Ltd (TASE:BEZQ) was up 1.41% or 8.40 points to 605.20 in late trade.

The worst performers of the session were ICL Israel Chemicals Ltd (TASE:ICL), which fell 3.26% or 90.00 points to trade at 2,669.00 at the close. Shikun&Binui (TASE:SKBN) declined 3.16% or 37.00 points to end at 1,134.00 and Phoenix Holdings Ltd (TASE:PHOE1) was down 3.15% or 121.00 points to 3,722.00.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 328 to 163 and 25 ended unchanged.

Shares in ICL Israel Chemicals Ltd (TASE:ICL) fell to 52-week lows; losing 3.26% or 90.00 to 2,669.00. Shares in Shikun&Binui (TASE:SKBN) fell to 52-week lows; falling 3.16% or 37.00 to 1,134.00.

Crude oil for January delivery was up 2.88% or 2.17 to $77.56 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 2.63% or 2.12 to hit $82.80 a barrel, while the February Gold Futures contract fell 0.29% or 5.30 to trade at $1,820.20 a troy ounce.

USD/ILS was down 0.19% to 3.40, while EUR/ILS unchanged 0.09% to 3.62.

The US Dollar Index Futures was down 0.21% at 103.35.