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Israel's TA 35 index fell 0.24% on Sunday, weighed down by losses in biomed and banking stocks. Teva surged 2.47% to a 5-year high, while Camtek led declines, dropping 2.41%.
Biomed, Banking, and Oil Losses Hit TA 35
Stocks in Israel fell after the market closed on Sunday due to losses in the oil and gas, banking, and biomedical industries.
The TA 35 fell 0.24 percent after the Tel Aviv market closed, Investing.com reports.
Teva Pharmaceutical Industries Ltd. was the session's top performer on the TA 35, closing at 8,425.00 with a gain of 2.47%, or 203.00 points. In late activity, Azrieli Group Ltd gained 1.45%, or 430.00 points, to finish at 30,170.00, while Big Shopping Centers Ltd gained 1.10%, or 590.00 points, to 54,210.00.
Camtek and Ormat Decline as Market Weakens
Camtek Ltd. was the session's poorest performer, down 2.41%, or 740.00 points, to 29,980.00 at the close of trade. Both Ormat Technologies and ICL Israel Chemicals Ltd saw declines of 1.91% and 2.87%, respectively, leading to final prices of 25,100.0 and 1,752.00 points, respectively.
There were 285 fewer rising stocks than falling ones on the Tel Aviv Stock Exchange, with 177 advancing and 75 remaining constant.
Teva and Azrieli Hit Record Highs
Gaining 2.47%, or 203.00 to 8,425.00, Teva Pharmaceutical Industries Ltd. shares reached 5-year highs. Gaining 1.45%, or 430.00, to 30,170.00, Azrieli Group Ltd. shares reached 52-week highs. The stock price of Big Shopping Centers Ltd reached a new high of 54,210.00 USD, up 1.10%, or 590.00 USD.
February delivery crude oil prices increased 0.92 percent, or 0.64 cents, to $70.26 per barrel. Aside from that, in the commodities market, March Brent oil at $73.79 a barrel remained steady at 0.00%, and the February gold futures contract at $2,636.50 a troy ounce declined at 0.66%, or 17.40.
While the US dollar/ILS rose 0.55% to 3.67, the euro/ILS rose 0.52% to 3.83.
Futures on the US Dollar Index fell 0.09 percent to 107.79.
