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Israel stocks higher at close of trade; TA 35 up 0.24%

by January 1, 2025
written by January 1, 2025

Investing.com – Israel stocks were higher after the close on Wednesday, as gains in the Communication, Oil & Gas and Insurance sectors led shares higher.

At the close in Tel Aviv, the TA 35 gained 0.24%.

The best performers of the session on the TA 35 were Newmed Energy LP (TASE:NWMDp), which rose 3.23% or 36.00 points to trade at 1,150.00 at the close. Meanwhile, Harel (TASE:HARL) added 2.96% or 149.00 points to end at 5,188.00 and Strauss Group (TASE:STRS) was up 1.94% or 134.00 points to 7,030.00 in late trade.

The worst performers of the session were Sapiens International Corporation NV (TASE:SPNS), which fell 2.69% or 265.00 points to trade at 9,600.00 at the close. Tower Semiconductor Ltd (TASE:TSEM) declined 1.96% or 370.00 points to end at 18,520.00 and Teva Pharmaceutical Industries Ltd (TASE:TEVA) was down 1.86% or 151.00 points to 7,950.00.

Rising stocks outnumbered declining ones on the Tel Aviv Stock Exchange by 347 to 124 and 65 ended unchanged.

Shares in Sapiens International Corporation NV (TASE:SPNS) fell to 52-week lows; down 2.69% or 265.00 to 9,600.00.

Crude oil for February delivery was down 0.19% or 0.14 to $71.72 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 1.16% or 0.85 to hit $74.42 a barrel, while the February Gold Futures contract fell 0.00% or 0.05 to trade at $2,639.30 a troy ounce.

USD/ILS was up 0.30% to 3.64, while EUR/ILS rose 0.27% to 3.77.

The US Dollar Index Futures was up 0.32% at 108.28.

This post appeared first on investing.com
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