Israel stocks lower at close of trade; TA 35 down 2.28%

Investing.com – Israel stocks were lower after the close on Sunday, as losses in the Real Estate, Communication and Insurance sectors led shares lower.

At the close in Tel Aviv, the TA 35 declined 2.28% to hit a new 52-week low.

The best performers of the session on the TA 35 were Ormat Technologies (TASE:ORA), which rose 1.13% or 340.00 points to trade at 30,470.00 at the close. Meanwhile, Nice Ltd (TASE:NICE) added 0.16% or 120.00 points to end at 74,100.00 and Elbit Systems Ltd (TASE:ESLT) was unchanged 0.00% or 0.00 points to 61,570.00 in late trade.

The worst performers of the session were Airport City Ltd (TASE:ARPT), which fell 5.66% or 284.00 points to trade at 4,736.00 at the close. Melisron (TASE:MLSR) declined 5.36% or 1,160.00 points to end at 20,500.00 and Shikun&Binui (TASE:SKBN) was down 5.08% or 45.00 points to 840.00.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 415 to 50 and 20 ended unchanged.

Shares in Airport City Ltd (TASE:ARPT) fell to 52-week lows; losing 5.66% or 284.00 to 4,736.00. Shares in Melisron (TASE:MLSR) fell to 52-week lows; down 5.36% or 1,160.00 to 20,500.00. Shares in Shikun&Binui (TASE:SKBN) fell to 3-years lows; losing 5.08% or 45.00 to 840.00.

Crude oil for April delivery was up 1.41% or 1.06 to $76.45 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 1.24% or 1.02 to hit $82.82 a barrel, while the April Gold Futures contract fell 0.48% or 8.80 to trade at $1,818.00 a troy ounce.

USD/ILS was up 1.07% to 3.66, while EUR/ILS rose 0.62% to 3.87.

The US Dollar Index Futures was up 0.63% at 105.19.