Israel's equities finished the trading session higher on Monday, with the benchmark TA-35 advancing 0.27% to reach a new all-time high. Strength in the Banking, Financials and Insurance sectors underpinned the market's rise at the close in Tel Aviv.
The session's top performers included Next Vision Stabilized Systems (TASE:NXSN), which climbed 5.42% - a gain of 1,800.00 points - to finish at 35,000.00. OPC Energy Ltd (TASE:OPCE) added 5.23%, or 505.00 points, closing at 10,160.00, while Mizrahi Tefahot (TASE:MZTF) rose 2.57%, or 630.00 points, to end the day at 25,160.00.
On the other end of the tape, Camtek Ltd (TASE:CAMT) led decliners, falling 5.57% - a drop of 2,710.00 points - to finish at 45,960.00. Navitas Petroleum LP Unit (TASE:NVPTp) declined 4.74%, or 620.00 points, to close at 12,450.00, and Amot Investments Ltd (TASE:AMOT) slipped 4.65%, or 105.00 points, to 2,154.00.
Market breadth at the Tel Aviv Stock Exchange showed more falling names than advancing ones: 295 stocks declined versus 166 that advanced, while 87 issues finished unchanged.
Two names recorded fresh record highs during the session: Next Vision Stabilized Systems (TASE:NXSN) rose to an all-time high of 35,000.00, up 5.42% (1,800.00 points), and OPC Energy Ltd (TASE:OPCE) also reached a new peak, closing at 10,160.00 after a 5.23% gain (505.00 points).
Commodities traded mixed alongside the equity move. Crude oil for April delivery increased 0.81% (or $0.54) to $67.02 a barrel. Brent oil for May delivery rose 0.73% (or $0.52) to $71.82 a barrel. In metals, the April Gold Futures contract advanced 2.68%, gaining $136.19 to trade at $5,217.09 a troy ounce.
On the foreign exchange front, USD/ILS was essentially unchanged, moving 0.09% to 3.12, while EUR/ILS climbed 0.22% to 3.68. The US Dollar Index Futures edged lower by 0.16% to 97.57.
The close left the TA-35 at a record level, driven by sector-level strength in financial-related names even as broader participation was uneven. Traders and investors assessing the session's outcome will note the divergence between headline index gains and the underlying breadth data.
Summary of the session:
- TA-35 rose 0.27% to a new all-time high.
- Top gainers: Next Vision Stabilized Systems (TASE:NXSN), OPC Energy Ltd (TASE:OPCE), Mizrahi Tefahot (TASE:MZTF).
- Top decliners: Camtek Ltd (TASE:CAMT), Navitas Petroleum LP Unit (TASE:NVPTp), Amot Investments Ltd (TASE:AMOT).