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The Israeli Stock Market Ended Lower, With The TA 35 Index Declining 0.26 Percent

Charlie Brooks

Dec 12, 2022 10:18

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The Israeli stock market declined on Sunday evening, with losses in the Biomed, Real Estate, and Technology sectors leading the slide.


At the market's close in Tel Aviv, the TA 35 fell 0.26 percent.


Energean Oil & Gas PLC (TASE:ENOG) had the best performance on the TA 35 during the session, rising 5.47 percent, or 292.00 points, to end at 5,629.00. Electra Ltd (TASE:ELTR) closed at $191,750.00, up 1.70 percent or 3,200.00 points, while Tower Semiconductor Ltd (TASE:TSEM) closed at $15,700.00, up 2.21 percent of 340.00 points.


Shikun & Binui (TASE:SKBN) had the worst performance throughout the session, down 4.51%, or 56.00 points, to close at 1,185.00. OPKO Health Inc (TASE:OPK) was down 3.99%, or 18.90 points, at 454, while Ormat Technologies (TASE:ORA) was down 2.84%, or 880.00 points, to 30,070.00.


On the Tel Aviv Stock Exchange, decreasing stocks outnumbered advancing ones by a ratio of 328 to 132, with 45 stocks closing unchanged.


Shikun & Binui (TASE:SKBN) shares fell 4.51%, or 56.00, to 1,185.00, marking a 52-week low. OPKO Health Inc (TASE:OPK) shares fell 3.99%, or 18.90, to $454, a 52-week low.


The price of a barrel of crude oil for delivery in January rose by 0.12%, or $0.13, to $71.59 a barrel. Brent oil for February delivery rose 0.68 percent, or $0.67, to $76.82 per barrel, whilst the February Gold Futures contract rose 0.44 percent, or $7.90, to $1,804.40 per troy ounce.


The USD/ILS exchange rate stayed stable at 3.43, while the EUR/ILS exchange rate remained unchanged at 3.61.


US Dollar Index Futures were steady by 0.00% at 104.48.

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