Israel stocks lower at close of trade; TA 35 down 6.70%

Investing.com – Israel stocks were lower after the close on Wednesday, as losses in the , and sectors led shares lower.

At the close in Tel Aviv, the declined 6.70% to hit a new 5-year low.

The best performers of the session on the were Delek Group (TASE:), which rose 30.61% or 3190 points to trade at 13610 at the close. Meanwhile, Bezeq Israeli Telecommunication Corp Ltd (TASE:) added 3.46% or 7.2 points to end at 215.0 and Shapir Engineering Industry (TASE:) was up 2.05% or 37 points to 1838 in late trade.

The worst performers of the session were Energean Oil & Gas PLC (TASE:), which fell 26.08% or 489 points to trade at 1386 at the close. Nice Ltd (TASE:) declined 16.09% or 8220 points to end at 42880 and Liveperson (TASE:) was down 11.27% or 734 points to 5776.

Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 347 to 50 and 15 ended unchanged.

Shares in Energean Oil & Gas PLC (TASE:) fell to all time lows; falling 26.08% or 489 to 1386. Shares in Liveperson (TASE:) fell to 52-week lows; down 11.27% or 734 to 5776.

Crude oil for May delivery was down 19.10% or 5.22 to $22.11 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 12.53% or 3.60 to hit $25.13 a barrel, while the April Gold Futures contract fell 3.12% or 47.65 to trade at $1478.15 a troy ounce.

USD/ILS was down 1.17% to 3.7700, while EUR/ILS fell 2.62% to 4.0849.

The US Dollar Index Futures was up 2.01% at 101.810.

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