Israel stocks higher at close of trade; TA 35 up 0.47%

Investing.com – Israel stocks were higher after the close on Wednesday, as gains in the Banking, Communication and Financials sectors led shares higher.

At the close in Tel Aviv, the TA 35 rose 0.47%.

The best performers of the session on the TA 35 were Mizrahi Tefahot (TASE:MZTF), which rose 3.28% or 360.00 points to trade at 11,320.00 at the close. Meanwhile, Bezeq Israeli Telecommunication Corp Ltd (TASE:BEZQ) added 2.62% or 15.40 points to end at 602.50 and Big Shopping Centers Ltd (TASE:BIG) was up 2.15% or 750.00 points to 35,600.00 in late trade.

The worst performers of the session were Shikun&Binui (TASE:SKBN), which fell 6.39% or 67.00 points to trade at 981.00 at the close. Delek Group (TASE:DLEKG) declined 4.43% or 1,850.00 points to end at 39,870.00 and OPKO Health Inc (TASE:OPK) was down 2.75% or 10.70 points to 378.00.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 346 to 160 and 20 ended unchanged.

Shares in Shikun&Binui (TASE:SKBN) fell to 52-week lows; falling 6.39% or 67.00 to 981.00. Shares in OPKO Health Inc (TASE:OPK) fell to all time lows; losing 2.75% or 10.70 to 378.00.

Crude oil for February delivery was down 1.80% or 1.43 to $78.10 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 1.81% or 1.53 to hit $83.15 a barrel, while the February Gold Futures contract fell 0.58% or 10.60 to trade at $1,812.50 a troy ounce.

USD/ILS was up 0.80% to 3.54, while EUR/ILS rose 0.71% to 3.76.

The US Dollar Index Futures was up 0.16% at 104.06.