Israel Stocks Rise at Close of Trade; TA 35 Up 0.97%

Israeli stocks experienced gains following the market close on Tuesday, driven by advancements in various sectors.

By the end of trading in Tel Aviv, the main index climbed by 0.97%.

Among the top performers was Shikun & Binui, which rose by 4.09%, gaining 32.50 points to reach a closing price of 827.50. Mivne Real Estate KD Ltd also showed strong performance with a 4.02% increase, up 35.10 points, finishing at 907.20. Additionally, Ashtrom Group Ltd saw a rise of 3.97%, adding 183.00 points for a closing price of 4,793.00.

On the other hand, the session’s laggards included Camtek Ltd, which fell by 2.43%, down 700.00 points to 28,080.00. Nova experienced a decline of 2.00%, dropping 1,550.00 points, and Sapiens International Corporation NV was down 1.68%, losing 230.00 points to end at 13,470.00.

Overall, advancing stocks outnumbered those that declined on the Tel Aviv Stock Exchange, with 310 shares rising compared to 141 that fell, while 88 remained unchanged.

In commodities, November crude oil prices increased by 1.82%, reaching $71.65 a barrel. Brent oil for December delivery was up 1.72%, hitting $74.47 per barrel, and December gold futures rose by 0.62%, trading at $2,668.90 a troy ounce.

In currency markets, the USD/ILS exchange rate decreased by 0.67% to 3.76, while EUR/ILS fell by 0.30% to 4.19. The US Dollar Index Futures fell by 0.24%, settling at 100.32.