Tel Aviv, Israel – The Israeli stock market closed on Tuesday with gains, with notable performance from the Banking, Financials, and Insurance sectors.
At the close of trading in Tel Aviv, the TA 35 index showed a positive change of 0.20%.
Energix (TASE:ENRG) stood out as one of the top performers on the TA 35, surging by 2.70%, or 31.00 points, to reach 1,181.00 at the closing bell. Similarly, Kenon Holdings Ltd (TASE:KEN) saw a substantial increase of 2.28%, adding 203.00 points to close at 9,098.00, while Nova (TASE:NVMI) posted a rise of 2.17%, gaining 970.00 points to settle at 45,660.00 during late trading.
On the downside, Shikun & Binui (TASE:SKBN) faced a decline of 2.27%, shedding 24.00 points to close at 1,034.00. Energean Oil & Gas PLC (TASE:ENOG) also experienced a dip, losing 1.87% or 103.00 points, closing at 5,397.00, while Bezeq Israeli Telecommunication Corp Ltd (TASE:BEZQ) declined by 1.52%, with shares ending at 524.70 after a drop of 8.10 points.
On the Tel Aviv Stock Exchange, rising stocks outnumbered declining ones, with 239 stocks closing higher, 220 stocks in the red, and 84 stocks remaining unchanged.
In commodities trading, Crude oil for October delivery showed strength with a gain of 1.99%, adding 1.74 points to reach $89.03 per barrel. Meanwhile, Brent oil for delivery in November also posted an increase of 1.69%, rising by 1.53 points to close at $92.17 per barrel. In the precious metals market, the December Gold Futures contract experienced a decline of 0.54%, losing 10.55 points to trade at $1,936.65 per troy ounce.
The exchange rate for USD/ILS recorded a 0.40% increase, reaching 3.81, while EUR/ILS also rose by 0.25% to 4.09.
The US Dollar Index Futures registered a modest gain of 0.14%, closing at 104.33.
Note: All stock and commodity figures are as of the closing time on September 12, 2023.
