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At market closing, Israeli stocks are higher; the TA 35 is up 0.08%

Haiden Holmes

Sep 05, 2022 11:44

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After the market closed on Sunday, the Oil & Gas, Banking, and Financials sectors pushed the Israeli stock market higher.


At the closing bell in Tel Aviv, the TA 35 gained 0.08 percent.


Delek Group (TASE:DLEKG) had the best performance on the TA 35 during the session, gaining 3.64 percent, or 2,050.00 points, to finish at 58,400.00. Phoenix Holdings Ltd (TASE:PHOE1) jumped 1.98 percent, or 77.00 points, to $3,970.00 at the close of trade, while Teva Pharmaceutical Industries Ltd (TASE:TEVA) advanced 1.96 percent, or 57.00 points, to $2,970.00.


Airport City Ltd (TASE:ARPT) had the worst performance throughout the session, declining 1.75 percent, or 121 points, to close at 6,780.00. Bezeq Israeli Telecommunication Corp Ltd (TASE:BEZQ) declined 1.61 percent, or 9.20 points, to 564.00 at the end of trading, while Elbit Systems Ltd (TASE:ESLT) down 1.52 percent, or 1,060.00 points, to 68,860.00.


On the Tel Aviv Stock Exchange, falling stocks outnumbered rising ones by a ratio of 262 to 194, with 51 remaining constant.


The cost of a barrel of crude oil for delivery in October climbed by 0.74 percent, or $0.64, to $87.25 a barrel. Brent oil for November delivery jumped by 1.00%, or $0.92, to $93.28 per barrel, while the December Gold Futures contract increased by 0.78%, or $13.30, to $1,722.60 per troy ounce.


The USD/ILS exchange rate remained unchanged at 3.38, while EUR/ILS held steady at 3.36.


Futures for the US Dollar Index decreased 0.09 percent to 109.57.

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