Israel Stocks Close Lower; TA 35 Down 1.19%

Israeli stocks declined after trading closed on Sunday, with losses in various sectors significantly impacting share prices.

The Tel Aviv Stock Exchange ended the day with a decrease of 1.19%, marking a new one-month low.

Among the session’s top performers was Strauss Group, which saw an increase of 3.06%, or 272.00 points, finishing at 9,150.00. Energix also performed well, gaining 1.73%, or 20.00 points, to close at 1,173.00, while Nova rose 1.52%, or 440.00 points, to 29,460.00.

Conversely, the worst performers included Ormat Technologies, which dropped 4.22%, or 1,300.00 points, concluding the day at 29,520.00. Teva Pharmaceutical Industries Ltd fell 3.32%, or 105.00 points, to finish at 3,054.00, and Shikun & Binui reduced by 3.09%, or 36.00 points, ending at 1,129.00.

On the Tel Aviv Stock Exchange, declining stocks outnumbered those advancing by 304 to 166, with 34 stocks remaining unchanged. Shikun & Binui also reached a 52-week low.

In commodities, crude oil for February delivery remained stable at $74.46 per barrel. Meanwhile, Brent crude for February decreased by 2.40%, or 1.95, settling at $79.26 per barrel, and February gold futures rose by 0.85%, or 15.20, trading at $1,803.00 per troy ounce.

The USD/ILS exchange rate increased by 1.26% to 3.46, while EUR/ILS rose by 0.78% to 3.66. Additionally, the US Dollar Index Futures were up 0.24%, reaching 104.45.