Israel stocks lower at close of trade; TA 35 down 0.96%

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

At the close in Tel Aviv, the TA 35 declined 0.96% to hit a new 1-month low.

The best performers of the session on the TA 35 were Shikun&Binui (TASE:SKBN), which rose 2.73% or 31.00 points to trade at 1,165.00 at the close. Meanwhile, Electra Ltd (TASE:ELTR) added 2.15% or 4,000.00 points to end at 189,990.00 and Alony Hetz Properties and Investments Ltd (TASE:ALHE) was up 2.08% or 77.00 points to 3,782.00 in late trade.

The worst performers of the session were Israel Corp (TASE:ILCO), which fell 5.71% or 7,550.00 points to trade at 124,650.00 at the close. Nova (TASE:NVMI) declined 4.35% or 1,320.00 points to end at 29,020.00 and ICL Israel Chemicals Ltd (TASE:ICL) was down 4.31% or 115.00 points to 2,554.00.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 358 to 134 and 22 ended unchanged.

Shares in Israel Corp (TASE:ILCO) fell to 52-week lows; falling 5.71% or 7,550.00 to 124,650.00. Shares in ICL Israel Chemicals Ltd (TASE:ICL) fell to 52-week lows; falling 4.31% or 115.00 to 2,554.00.

Crude oil for January delivery was down 0.62% or 0.48 to $76.80 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.85% or 0.70 to hit $82.00 a barrel, while the February Gold Futures contract fell 1.61% or 29.20 to trade at $1,789.50 a troy ounce.

USD/ILS was up 1.53% to 3.45, while EUR/ILS rose 0.84% to 3.66.

The US Dollar Index Futures was up 0.88% at 104.33.