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Israel stocks lower at close of trade; TA 35 down 1.78%

imageStock Markets10 hours ago (Jun 21, 2020 01:30PM ET)

(C) Reuters. Israel stocks lower at close of trade; TA 35 down 1.78% – Israel stocks were lower after the close on Sunday, as losses in the Oil & Gas, Real Estate and Communication sectors led shares lower.

At the close in Tel Aviv, the TA 35 declined 1.78% to hit a new 1-month low.

The best performers of the session on the TA 35 were Shikun & Binui (TASE:SKBN), which rose 3.74% or 46 points to trade at 1275 at the close. Meanwhile, Teva Pharmaceutical Industries Ltd (TASE:TEVA) added 3.39% or 140 points to end at 4275 and Bezeq Israeli Telecommunication Corp Ltd (TASE:BEZQ) was up 2.04% or 7.4 points to 369.9 in late trade.

The worst performers of the session were Energean Oil & Gas PLC (TASE:ENOG), which fell 11.23% or 251 points to trade at 1984 at the close. Fattal 1998 Holdings Ltd (TASE:FATTAL) declined 8.76% or 1920 points to end at 20000 and Israel Corp (TASE:ILCO) was down 7.14% or 2550 points to 33180.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 293 to 86 and 30 ended unchanged.

Shares in Bezeq Israeli Telecommunication Corp Ltd (TASE:BEZQ) rose to 52-week highs; gaining 2.04% or 7.4 to 369.9.

Crude oil for August delivery was unchanged 0.00% or 0.00 to $39.83 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August rose 1.08% or 0.45 to hit $41.96 a barrel, while the August Gold Futures contract rose 1.47% or 25.40 to trade at $1756.50 a troy ounce.

USD/ILS was up 0.11% to 3.4533, while EUR/ILS fell 0.16% to 3.8598.

The US Dollar Index Futures was up 0.24% at 97.637.

Israel stocks lower at close of trade; TA 35 down 1.78%

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