Israel stocks higher at close of trade; TA 35 up 1.60%

Investing.com – Israel stocks were higher after the close on Monday, as gains in the Real Estate, Communication and Insurance sectors led shares higher.

At the close in Tel Aviv, the TA 35 added 1.60% to hit a new 3-months high.

The best performers of the session on the TA 35 were OPC Energy Ltd (TASE:OPCE), which rose 7.83% or 188.00 points to trade at 2,588.00 at the close. Meanwhile, Azrieli Group Ltd (TASE:AZRG) added 6.52% or 1,550.00 points to end at 25,330.00 and Big Shopping Centers Ltd (TASE:BIG) was up 4.92% or 1,830.00 points to 39,000.00 in late trade.

The worst performers of the session were Newmed Energy LP (TASE:NWMDp), which fell 0.48% or 5.00 points to trade at 1,035.00 at the close. First International Bank of Israel Ltd (TASE:FIBI) declined 0.40% or 60.00 points to end at 14,930.00 and Ormat Technologies (TASE:ORA) was 0.00% or 0.00 points to 27,680.00.

Rising stocks outnumbered declining ones on the Tel Aviv Stock Exchange by 422 to 72 and 43 ended unchanged.

Shares in Azrieli Group Ltd (TASE:AZRG) rose to 52-week highs; rising 6.52% or 1,550.00 to 25,330.00. Shares in Big Shopping Centers Ltd (TASE:BIG) rose to 52-week highs; gaining 4.92% or 1,830.00 to 39,000.00.

Crude oil for February delivery was down 0.61% or 0.44 to $71.33 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.10% or 0.08 to hit $77.07 a barrel, while the February Gold Futures contract fell 0.56% or 11.70 to trade at $2,071.80 a troy ounce.

USD/ILS was up 0.62% to 3.62, while EUR/ILS rose 0.31% to 4.00.

The US Dollar Index Futures was up 0.15% at 101.06.