Israel stocks higher at close of trade; TA 35 up 5.19%

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At the close in Tel Aviv, the TA 35 rose 5.19% to hit a new 1-month high.

The best performers of the session on the TA 35 were Mizrahi Tefahot (TASE:MZTF), which rose 13.19% or 848 points to trade at 7279 at the close. Meanwhile, Israel Discount Bank Ltd (TASE:DSCT) added 12.17% or 122 points to end at 1120 and Phoenix Holdings Ltd (TASE:PHOE1) was up 9.68% or 158 points to 1790 in late trade.

The worst performers of the session were Tower Semiconductor Ltd (TASE:TSEM), which fell 0.49% or 32 points to trade at 6438 at the close. Shapir Engineering Industry (TASE:SPEN) declined 0.22% or 5 points to end at 2275 and Teva Pharmaceutical Industries Ltd (TASE:TEVA) was up 0.54% or 20 points to 3700.

Rising stocks outnumbered declining ones on the Tel Aviv Stock Exchange by 354 to 60 and 10 ended unchanged.

Crude oil for June delivery was unchanged 0.00% or 0.00 to $25.03 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 1.87% or 0.52 to hit $28.34 a barrel, while the June Gold Futures contract fell 2.14% or 37.10 to trade at $1694.60 a troy ounce.

USD/ILS was up 0.07% to 3.5890, while EUR/ILS rose 0.10% to 3.9003.

The US Dollar Index Futures was down 0.31% at 99.787.