Israel's stock market ended the trading day on a positive note after the close on Wednesday, with sector-level strength in Oil & Gas, Banking and Financials pushing benchmarks higher.
Market performance - The TA-35 index closed up 1.94%.
Top movers - Among individual large-cap names, Tower Semiconductor Ltd (TASE:TSEM) was the session's strongest performer, rising 10.75% - a gain of 7,540.00 points to finish at 77,650.00. Nova (TASE:NVMI) added 4.84%, or 6,640.00 points, to close at 143,840.00. Mega Or (TASE:MGOR) advanced 3.29%, gaining 1,980.00 points to end the day at 62,180.00.
Lagging stocks - On the downside, Azrieli Group Ltd (TASE:AZRG) fell 4.39%, a decline of 2,060.00 points to 44,850.00 at the close. NICE Ltd (TASE:NICE) slipped 3.05%, or 840.00 points, to 26,730.00. Migdal Insurance (TASE:MGDL) was down 2.76%, a drop of 54.00 points to 1,903.00.
Breadth - Advancers slightly outnumbered decliners on the Tel Aviv Stock Exchange, with 242 stocks rising versus 239 declining, while 70 issues finished unchanged.
Commodities and currencies
- Crude oil for July delivery fell 3.60%, or $3.76, to $100.62 a barrel.
- Brent oil for July delivery declined 4.46%, or $5.00, to $107.10 a barrel.
- The June Gold Futures contract decreased 0.56%, or $25.30, to trade at $4,532.70 a troy ounce.
- USD/ILS moved lower by 0.44% to 2.90.
- EUR/ILS fell 0.29% to 3.37.
- The US Dollar Index Futures was down 0.03% at 99.08.
Takeaway - The session closed with the benchmark higher, supported by gains among energy-related and financial stocks, while commodity prices and the dollar eased. Market breadth was narrowly positive, with a nearly even split between advancing and declining issues.
Disclosure - This article reports the market moves, prices and counts provided for the session. No additional analysis or external recommendations are included.