Israel Stock Market Update: Gains and Losses
Positive Momentum in Israel Stocks
Israel stocks closed higher on Sunday, with sectors like technology and healthcare leading the way. The TA 35 index rose by 0.81%, reaching a new 52-week high.
Top Performers of the Day
Nova and Teva Pharmaceutical Industries Ltd saw significant gains, with Nova rising by 7.45% and Teva adding 2.58%. Shikun & Binui also had a positive day, with a 2.35% increase in their stock price.
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Underperforming Stocks
On the flip side, Mizrahi Tefahot and Energean Oil & Gas PLC experienced declines, with Mizrahi Tefahot falling by 1.98% and Energean Oil & Gas PLC declining by 1.08%. Energix also saw a slight decrease of 0.97%.
Market Statistics
- Rising stocks outnumbered declining ones, with 299 stocks gaining, 162 losing, and 75 remaining unchanged.
- Nova reached an all-time high, showcasing a remarkable 7.45% increase.
- Crude oil prices rose, with April delivery up by 1.98%, while Brent oil for May delivery also saw a 1.89% increase.
- Gold futures climbed by 1.80%, reaching $2,091.60 per troy ounce.
Exchange Rates and Index Futures
USD/ILS experienced a 0.18% decrease, settling at 3.56, while EUR/ILS rose by 0.13%, reaching 3.86. The US Dollar Index Futures were down by 0.26% at 103.82.
