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Israel shares lower at close of trade; TA 35 down 1.20%

Published 2019/02/27, 19:00
© Reuters.  Israel shares lower at close of trade; TA 35 down 1.20%

Investing.com – Israel equities were lower at the close on Wednesday, as losses in the Biomed, Technology and Communication sectors propelled shares lower.

At the close in Tel Aviv, the TA 35 lost 1.20%.

The biggest gainers of the session on the TA 35 were ICL Israel Chemicals Ltd (TA:ICL), which rose 1.03% or 21 points to trade at 2065 at the close. Bazan Oil Refineries Ltd (TA:ORL) added 0.73% or 1.4 points to end at 191.9 and Israel Corp (TA:ILCO) was up 0.49% or 500 points to 103500 in late trade.

Biggest losers included Perrigo (TA:PRGO), which lost 3.74% or 660 points to trade at 17010 in late trade. Ormat Technologies (TA:ORA) declined 3.19% or 660 points to end at 20050 and Bezeq Israeli Telecommunication Corp Ltd (TA:BEZQ) shed 2.70% or 8.7 points to 314.1.

Declining stocks outnumbered rising ones by 242 to 136 and 37 ended unchanged on the Tel Aviv Stock Exchange.

In commodities trading, Crude oil for April delivery was up 3.26% or 1.81 to $57.31 a barrel. Meanwhile, Brent oil for delivery in May rose 2.28% or 1.49 to hit $66.85 a barrel, while the April Gold Futures contract fell 0.45% or 5.95 to trade at $1322.55 a troy ounce.

USD/ILS was down 0.08% to 3.6147, while EUR/ILS fell 0.39% to 4.1062.

The US Dollar Index Futures was up 0.15% at 96.007.

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