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



© Reuters Israel stocks lower at close of trade; TA 35 down 2.28% – Israel stocks were lower after the close on Sunday, as losses in the , and sectors led shares lower.

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

The best performers of the session on the were Ormat Technologies (TASE:), which rose 1.13% or 340.00 points to trade at 30,470.00 at the close. Meanwhile, Nice Ltd (TASE:) added 0.16% or 120.00 points to end at 74,100.00 and Elbit Systems Ltd (TASE:) 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:), which fell 5.66% or 284.00 points to trade at 4,736.00 at the close. Melisron (TASE:) declined 5.36% or 1,160.00 points to end at 20,500.00 and Shikun & Binui (TASE:) 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:) fell to 52-week lows; losing 5.66% or 284.00 to 4,736.00. Shares in Melisron (TASE:) fell to 52-week lows; down 5.36% or 1,160.00 to 20,500.00. Shares in Shikun & Binui (TASE:) 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.

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