Investing.com - Israel's main equity gauge ended Tuesday's session in negative territory, with the TA 35 down 0.92% at the close. Shares across multiple sectors finished lower, led by declines in Oil & Gas, Real Estate and Technology names.
Top performers
- Nova (TASE:NVMI) finished as the strongest stock on the TA 35, rising 4.55% or 5,900.00 points to close at 135,610.00.
- Tower Semiconductor Ltd (TASE:TSEM) gained 4.54% or 1,580.00 points to end the session at 36,350.00.
- Camtek Ltd (TASE:CAMT) advanced 4.08% or 1,910.00 points to finish at 48,730.00.
Lagging stocks
- Next Vision Stabilized Systems (TASE:NXSN) was the weakest TA 35 constituent, sliding 8.73% or 3,140.00 points to close at 32,840.00.
- Enlight Renewable Energy Ltd (TASE:ENLT) dropped 6.82% or 1,610.00 points to finish at 22,000.00.
- Newmed Energy LP (TASE:NWMDp) declined 6.25% or 137.00 points to end at 2,055.00.
Market breadth on the Tel Aviv Stock Exchange was negative at the close: falling issues outnumbered advancing ones by 299 to 165, while 85 stocks finished unchanged.
Commodities and FX
Commodity markets registered notable moves during the session. Crude oil futures weakened sharply: the April contract lost 10.87% or 10.30 to trade at $84.47 a barrel, and Brent for May delivery fell 10.59% or 10.48 to $88.48 a barrel. By contrast, the April Gold Futures contract rose 2.62% or 133.85 to trade at $5,237.55 a troy ounce.
In currency trading, USD/ILS was essentially unchanged, moving 0.07% to 3.08, while EUR/ILS remained effectively flat, changing 0.01% to 3.59. The US Dollar Index Futures slipped 0.55% to 98.62.
The day's price action left the TA 35 lower overall, with a handful of individual names bucking the broader trend and posting gains. The trading session reflected a divergence between sharp commodity moves and relatively stable local FX cross rates.
Summary
Israel's TA 35 closed down 0.92% after a session in which Oil & Gas, Real Estate and Technology sectors led declines. Market breadth was negative, crude benchmarks fell over 10%, gold futures rose, and key USD/ILS and EUR/ILS crosses remained flat.