Israel’s stock market saw marginal gains, with the TA 35 index closing up 0.09%. Positive momentum in the Communication, Banking, and Financials sectors contributed to the uptick in share prices.
At the close of trading on the Tel Aviv Stock Exchange, the TA 35 index posted a modest gain.
Leading the pack among the top-performing stocks on the TA 35 index was Shikun & Binui (TASE:SKBN), which surged by 7.62%, or 72.00 points, to reach 1,020.00 at the closing bell. Teva Pharmaceutical Industries Ltd (TASE:TEVA) also made notable gains, rising by 2.88% or 103.00 points, closing at 3,675.00. Bezeq Israeli Telecommunication Corp Ltd (TASE:BEZQ) followed suit with a 2.30% increase, or 11.80 points, ending the day at 525.00.
Conversely, the session’s underperformers included Nova (TASE:NVMI), which witnessed a decline of 2.95%, shedding 1,390.00 points, and closing at 45,790.00. Delek Group (TASE:DLEKG) also registered a drop of 1.83%, or 1,060.00 points, to conclude at 56,930.00. Alony Hetz Properties and Investments Ltd (TASE:ALHE) experienced a 1.74% dip, losing 49.00 points, to reach 2,775.00.
Market activity on the Tel Aviv Stock Exchange saw 246 declining stocks, 215 advancing ones, and 78 remaining unchanged.
In the commodities market, the price of crude oil for October delivery increased by 0.41%, or 0.36, reaching $87.23 per barrel. Meanwhile, Brent oil for delivery in November rose by 0.58%, or 0.52, closing at $90.44 per barrel. The December Gold Futures contract saw a modest uptick of 0.01%, or 0.10, trading at $1,942.60 per troy ounce.
The USD/ILS exchange rate remained steady with a marginal 0.02% change at 3.84, while the EUR/ILS exchange rate also remained relatively stable, showing a 0.03% change at 4.11.
The US Dollar Index Futures exhibited a slight increase of 0.02%, reaching 104.71.
Please note that all stock prices and exchange rates are as of the closing bell on September 10, 2023.
