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Israeli Stocks Rise, TA 35 Gains 0.90% at Close of Trade

Israel stocks closed higher on Sunday, with gains in the Communication, Real Estate, and Oil & Gas sectors propelling shares upward. The TA 35 index in Tel Aviv increased by 0.90%, reaching a new one-month high.

Monitors showing stocks
Monitors showing stocks

Top Performers Include Teva, Energean, and Shikun & Binui

Notable performers on the TA 35 were Teva Pharmaceutical Industries Ltd (TASE: TEVA), which rose 4.86% or 147.00 points to trade at 3,172.00 at the close. Energean Oil & Gas PLC (TASE: ENOG) added 4.34% or 246.00 points to end at 5,910.00, while Shikun & Binui (TASE: SKBN) was up 4.28% or 33.20 points to 808.00 in late trade.

NICE, ICL Israel Chemicals, and Elbit Systems Among Worst Performers

The session's worst performers were NICE Ltd (TASE: NICE), which fell 1.50% or 1,120.00 points to trade at 73,400.00 at the close. ICL Israel Chemicals Ltd (TASE: ICL) declined 1.08% or 24.00 points to end at 2,201.00, and Elbit Systems Ltd (TASE: ESLT) dropped 0.99% or 660.00 points to 66,150.00.

Rising Stocks Outnumber Declining Ones on Tel Aviv Stock Exchange

On the Tel Aviv Stock Exchange, 318 stocks rose, while 154 declined, and 29 ended unchanged. Shares in ICL Israel Chemicals Ltd (TASE: ICL) fell to 52-week lows, down 1.08% or 24.00 to 2,201.00.

Crude Oil and Gold Futures Rise, Currency Exchange Rates Update

Crude oil for June delivery increased by 2.50% or 1.87 to $76.63 a barrel. In other commodities trading, Brent oil for July delivery rose 2.61% or 2.04 to hit $80.26 a barrel, while the June Gold Futures contract edged up 0.02% or 0.40 to trade at $1,999.40 a troy ounce. The USD/ILS exchange rate remained nearly unchanged at 0.07% to 3.63, while EUR/ILS fell 0.15% to 3.99. The US Dollar Index Futures gained 0.18% at 101.43.

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