Israel stocks higher at close of trade; TA 35 up 0.18%

Investing.com – Israel stocks were higher after the close on Sunday, as gains in the Insurance, Technology and Oil & Gas sectors led shares higher.

At the close in Tel Aviv, the TA 35 added 0.18% to hit a new 1-month high.

The best performers of the session on the TA 35 were Teva Pharmaceutical Industries Ltd (TASE:TEVA), which rose 3.29% or 172.00 points to trade at 5,399.00 at the close. Meanwhile, Nova (TASE:NVMI) added 2.97% or 2,060.00 points to end at 71,360.00 and Shikun & Binui (TASE:SKBN) was up 2.53% or 30.00 points to 1,215.00 in late trade.

The worst performers of the session were Electra Ltd (TASE:ELTR), which fell 1.98% or 3,800.00 points to trade at 188,250.00 at the close. Bank Hapoalim (TASE:POLI) declined 1.89% or 102.00 points to end at 5,300.00 and Airport City Ltd (TASE:ARPT) was down 1.59% or 89.00 points to 5,504.00.

Rising stocks outnumbered declining ones on the Tel Aviv Stock Exchange by 263 to 181 and 93 ended unchanged.

Crude oil for June delivery was up 0.37% or 0.23 to $63.02 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 0.48% or 0.32 to hit $65.80 a barrel, while the June Gold Futures contract fell 1.50% or 50.20 to trade at $3,298.40 a troy ounce.

USD/ILS was unchanged 0.02% to 3.62, while EUR/ILS fell 0.20% to 4.11.

The US Dollar Index Futures was up 0.09% at 99.25.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads.Should you invest $2,000 in ARPT right now?

With ARPT making headlines, savvy investors are asking: Is it truly valued fairly? In a market full of overpriced darlings, identifying true value can be challenging. InvestingPro's advanced AI algorithms have analyzed ARPT alongside thousands of other stocks to uncover hidden gems. These undervalued stocks, potentially including ARPT, could offer substantial returns as the market corrects. In 2024 alone, our AI identified several undervalued stocks that later surged by 30 or more. Is ARPT poised for similar growth? Don't miss the opportunity to find out.

Reveal Undervalued Stocks Now