Israel Stock Market Report: TA 35 Index Declines by 1.06%
Market Overview
Israel stocks closed lower on Sunday, with losses in various sectors leading to a 1.06% drop in the TA 35 index.
Top Performers
Ormat Technologies showed the highest gains, rising by 4.67%, followed by Sapiens International Corporation NV and Teva Pharmaceutical Industries Ltd.
- Ormat Technologies: 4.67%
- Sapiens International Corporation NV: 2.08%
- Teva Pharmaceutical Industries Ltd: 2.06%
Worst Performers
The session’s worst performers were Camtek Ltd, Nova, and Israel Corp, with noticeable declines in their stock prices.
- Camtek Ltd: -6.85%
- Nova: -6.82%
- Israel Corp: -4.37%
Market Statistics
On the Tel Aviv Stock Exchange, declining stocks outnumbered advancing ones significantly, with some stocks ending unchanged.
Commodities and Currency
Crude oil prices fell slightly, with Brent oil also showing a decline. Meanwhile, gold futures saw a rise in trading.
USD/ILS and EUR/ILS exchange rates saw minor increases, while the US Dollar Index Futures experienced a slight decrease.
Overall, the Israel stock market faced a downward trend, influenced by various internal and external factors impacting investor sentiment.