Israel stocks higher at close of trade; TA 35 up 2.48%

0 – Israel stocks were higher after the close on Monday, as gains in the Banking, Financials and Insurance sectors led shares higher.

At the close in Tel Aviv, the TA 35 rose 2.48%.

The best performers of the session on the TA 35 were Israel Corp (TASE:ILCO), which rose 7.43% or 2110 points to trade at 30490 at the close. Meanwhile, Melisron (TASE:MLSR) added 6.29% or 820 points to end at 13850 and Phoenix Holdings Ltd (TASE:PHOE1) was up 5.97% or 81 points to 1437 in late trade.

The worst performers of the session were Energean Oil & Gas PLC (TASE:ENOG), which fell 6.34% or 162 points to trade at 2392 at the close. Delek Group (TASE:DLEKG) declined 3.63% or 267 points to end at 7093 and Delek Drilling LP (TASE:DEDRp) was down 3.12% or 8 points to 245.

Rising stocks outnumbered declining ones on the Tel Aviv Stock Exchange by 250 to 138 and 21 ended unchanged.

Shares in Delek Drilling LP (TASE:DEDRp) fell to 5-year lows; falling 3.12% or 8 to 245.

Crude oil for August delivery was up 0.02% or 0.01 to $40.66 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.96% or 0.41 to hit $43.21 a barrel, while the August Gold Futures contract rose 0.19% or 3.35 to trade at $1793.35 a troy ounce.

USD/ILS was up 0.56% to 3.4547, while EUR/ILS rose 1.20% to 3.9080.

The US Dollar Index Futures was down 0.59% at 96.725.


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