Israel shares lower at close of trade; TA 35 down 2.26%

4 April 2018, 16: 34
© Reuters.  Israel shares lower at close of trade; TA 35 down 2.26%© Reuters. Israel shares lower at close of trade; TA 35 down 2.26%

Israel equities were lower at the close on Wednesday, as losses in the CommunicationBanking and Financials sectors propelled shares lower.

At the close in Tel Aviv, the TA 35 declined 2.26% to hit a new 6-month low.

The biggest gainers of the session on the TA 35 were Perrigo (TA:PRGO), which rose 0.21% or 60 points to trade at 28480 at the close. Teva Pharmaceutical Industries Ltd (TA:TEVA) fell 0.26% or 15 points to end at 5845 and Paz Oil (TA:PZOL) was down 0.49% or 250 points to 50800 in late trade.

Biggest losers included Delek Group (TA:DLEKG), which lost 4.70% or 2700 points to trade at 54700 in late trade. Cellcom Israel Ltd (TA:CEL) declined 4.46% or 108 points to end at 2312 and Partner (TA:PTNR) shed 3.85% or 60 points to 1500.

Declining stocks outnumbered rising ones by 337 to 50 and 21 ended unchanged on the Tel Aviv Stock Exchange.

 

In commodities trading, Crude oil for May delivery was down 0.49% or 0.31 to $63.20 a barrel. Meanwhile, Brent oil for delivery in June fell 0.62% or 0.42 to hit $67.70 a barrel, while the June Gold Futures contract rose 0.13% or 1.70 to trade at $1339.00 a troy ounce.

USD/ILS was up 0.23% to 3.5380, while EUR/ILS rose 0.42% to 4.3498.

The US Dollar Index Futures was down 0.13% at 89.73.