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Home News Israel Stock Market Rises with Gains in Oil, Tech, and Real Estate Sectors

Israel Stock Market Rises with Gains in Oil, Tech, and Real Estate Sectors

by Barbara

Israel’s stock market closed higher on Sunday, driven by strong performances in the Oil & Gas, Technology, and Real Estate sectors.

The TA 35 Index in Tel Aviv ended the day with a modest 0.05% gain.

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Among the top performers, Tower Semiconductor Ltd (TASE: TSEM) saw the largest rise, up 3.81% to 13,090.00. Camtek Ltd (TASE: CAMT) followed closely with a 3.64% increase to 22,500.00, while Energean Oil & Gas PLC (TASE: ENOG) rose 2.86% to 4,140.00.

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On the other hand, the biggest declines came from NICE Ltd (TASE: NICE), which dropped 2.77% to 54,840.00, and Elbit Systems Ltd (TASE: ESLT), down 2.60% to 146,600.00. Energix (TASE: ENRG) fell 1.42% to 1,038.00.

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Overall, advancing stocks outnumbered decliners on the Tel Aviv Stock Exchange, with 282 stocks gaining, 158 losing, and 98 remaining unchanged.

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In commodities, crude oil for June delivery rose 3.54%, trading at $64.01 per barrel. Brent oil also saw a boost, gaining 3.20% to $67.96 per barrel. Gold, however, fell by 0.15%, settling at $3,341.30 per troy ounce.

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In currency markets, the USD/ILS remained steady at 3.68, while the EUR/ILS gained 0.38%, reaching 4.20. The US Dollar Index Futures saw a slight dip of 0.01%, to 99.13.

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