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Investor Strategy

Israel stocks higher at close of trade; TA 35 up 3.60%

imageStock Markets8 hours ago (Mar 15, 2020 01:30PM ET)

Israel stocks higher at close of trade; TA 35 up 3.60% – Israel stocks were higher after the close on Sunday, as gains in the Oil & Gas, Insurance and Financials sectors led shares higher.

At the close in Tel Aviv, the TA 35 rose 3.60%.

The best performers of the session on the TA 35 were OPKO Health Inc (TASE:OPK), which rose 23.46% or 130 points to trade at 682 at the close. Meanwhile, Energean Oil & Gas PLC (TASE:ENOG) added 17.46% or 300 points to end at 2018 and Bazan Oil Refineries Ltd (TASE:ORL) was up 15.13% or 11.5 points to 87.5 in late trade.

The worst performers of the session were Paz Oil (TASE:PZOL), which fell 9.56% or 2780 points to trade at 26300 at the close. Melisron (TASE:MLSR) declined 6.67% or 950 points to end at 13300 and Israel Discount Bank Ltd (TASE:DSCT) was down 4.34% or 49 points to 1080.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 249 to 161 and 14 ended unchanged.

Shares in Paz Oil (TASE:PZOL) fell to all time lows; down 9.56% or 2780 to 26300. Shares in Melisron (TASE:MLSR) fell to 3-years lows; losing 6.67% or 950 to 13300. Shares in Israel Discount Bank Ltd (TASE:DSCT) fell to 52-week lows; down 4.34% or 49 to 1080.

Crude oil for May delivery was unchanged 0.00% or 0.00 to $32.11 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 4.52% or 1.50 to hit $34.72 a barrel, while the April Gold Futures contract fell 3.85% or 61.20 to trade at $1529.10 a troy ounce.

USD/ILS was up 0.37% to 3.6662, while EUR/ILS fell 0.33% to 4.0716.

The US Dollar Index Futures was unchanged 0.00% at 98.904.

Israel stocks higher at close of trade; TA 35 up 3.60%

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