Stocks in Israel finished Friday's session in negative territory, driven by broad weakness across the Insurance, Financials and Banking sectors. The benchmark TA 35 index closed down 2.08% on the day.
On the TA 35, Tower Semiconductor Ltd (TASE:TSEM) was one of the better performers, finishing up 0.87% - an increase of 700.00 points - to close at 81,200.00. By contrast, Next Vision Stabilized Systems (TASE:NXSN) slipped 0.70% or 200.00 points to 28,510.00, while Nova (TASE:NVMI) ended the session down 1.06% or 1,690.00 points at 157,450.00.
The steepest declines were recorded by Mega Or (TASE:MGOR), which lost 5.10% or 3,400.00 points to finish at 63,300.00. Enlight Renewable Energy Ltd (TASE:ENLT) also retreated 5.10% or 1,340.00 points to 24,950.00, and Dimri (TASE:DIMRI) fell 4.34% or 1,740.00 points to close at 38,380.00.
Market breadth was negative: decliners outnumbered advancers by 350 to 91, and 110 shares finished unchanged on the Tel Aviv Stock Exchange.
Notably, Tower Semiconductor climbed to a five-year high during the session, finishing up 0.87% at 81,200.00.
Commodities trading showed sizable moves. Crude oil for June delivery rose 3.41% - an increase of 3.45 - to $104.62 a barrel. Brent oil for July delivery advanced 3.11% or 3.29 to $109.01 a barrel. In contrast, the June Gold Futures contract declined 2.51% or 117.83 to trade at $4,567.47 a troy ounce.
In foreign exchange and dollar measures, the USD/ILS rate increased 0.74% to 2.92, while EUR/ILS rose 0.44% to 3.40. The US Dollar Index Futures were higher as well, up 0.40% at 99.13.
The session underlined uneven performance across sectors, with select technology and semiconductor exposure holding ground even as financial-related groups and several renewable and mid-cap names led declines. Movements in oil, gold and currency markets were pronounced during the same trading day, reflecting divergent pressures across commodities and exchange rates.