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Israel stocks higher at close of trade; TA 35 up 0.63%

by January 5, 2025
written by January 5, 2025

Investing.com – Israel stocks were higher after the close on Sunday, as gains in the Insurance, Financials and Communication sectors led shares higher.

At the close in Tel Aviv, the TA 35 added 0.63% to hit a new all time high.

The best performers of the session on the TA 35 were Phoenix Holdings Ltd (TASE:PHOE), which rose 4.74% or 255.00 points to trade at 5,635.00 at the close. Meanwhile, Azrieli Group Ltd (TASE:AZRG) added 3.12% or 940.00 points to end at 31,030.00 and Delek Group (TASE:DLEKG) was up 2.42% or 1,200.00 points to 50,800.00 in late trade.

The worst performers of the session were Teva Pharmaceutical Industries Ltd (TASE:TEVA), which fell 3.10% or 249.00 points to trade at 7,776.00 at the close. Tower Semiconductor Ltd (TASE:TSEM) declined 2.02% or 390.00 points to end at 18,910.00 and Sapiens International Corporation NV (TASE:SPNS) was down 1.24% or 121.00 points to 9,622.00.

Rising stocks outnumbered declining ones on the Tel Aviv Stock Exchange by 383 to 93 and 60 ended unchanged.

Shares in Phoenix Holdings Ltd (TASE:PHOE) rose to 5-year highs; rising 4.74% or 255.00 to 5,635.00. Shares in Azrieli Group Ltd (TASE:AZRG) rose to 52-week highs; gaining 3.12% or 940.00 to 31,030.00. Shares in Delek Group (TASE:DLEKG) rose to 52-week highs; up 2.42% or 1,200.00 to 50,800.00.

Crude oil for February delivery was up 1.13% or 0.83 to $73.96 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.76% or 0.58 to hit $76.51 a barrel, while the February Gold Futures contract fell 0.54% or 14.30 to trade at $2,654.70 a troy ounce.

USD/ILS was unchanged 0.00% to 3.64, while EUR/ILS unchanged 0.00% to 3.76.

The US Dollar Index Futures was down 0.38% at 108.80.

This post appeared first on investing.com

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