Israel stocks lower at close of trade; TA 25 down 0.78%

Stock market

Israel stocks were lower after the close on Wednesday, as losses in the Biomed, Technology and Oil & Gas sectors led shares lower.

At the close in Tel Aviv, the TA 25 declined 0.78%.

The best performers of the session on the TA 25 were ICL Israel Chemicals Ltd (TA:ICL), which rose 3.96% or 60 points to trade at 1575 at the close. Meanwhile, Israel Corp(TA:ILCO) added 3.34% or 2110 points to end at 65300 and Melisron (TA:MLSR) was up 1.94% or 330 points to 17320 in late trade.

The worst performers of the session were Perrigo (TA:PRGO), which fell 9.90% or 3550 points to trade at 32300 at the close. OPKO Health Inc (TA:OPK) declined 2.15% or 84 points to end at 3826 and Teva (TA:TEVA) was down 1.08% or 220 points to 20180.

Rising stocks outnumbered declining ones on the Tel Aviv Stock Exchange by 215 to 127 and 96 ended unchanged.

Shares in Perrigo (TA:PRGO) fell to 3-years lows; losing 9.90% or 3550 to 32300. Shares in Melisron (TA:MLSR) rose to all time highs; up 1.94% or 330 to 17320.

Crude oil for September delivery was down 0.14% or 0.06 to $42.71 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.07% or 0.03 to hit $45.01 a barrel, while the December Gold contract rose 0.26% or 3.45 to trade at $1350.15 a troy ounce.

USD/ILS was down 0.22% to 3.8148, while EUR/ILS rose 0.20% to 4.2588.

The US Dollar Index was down 0.44% at 95.64.

Source by Investing.com