Israel's stock market ended Monday's session with modest losses, as the TA 35 index retreated 0.81% at the close in Tel Aviv. Selling in Communication, Technology and Real Estate names contributed to the negative finish, even as a handful of equities posted solid gains.
Winners and losers
Leading the winners among TA 35 constituents, NICE Ltd (TASE:NICE) advanced 5.25%, gaining 1,630.00 points to finish at 32,680.00. ICL Israel Chemicals Ltd (TASE:ICL) climbed 2.95%, or 49.00 points, to close at 1,709.00. Delek Group (TASE:DLEKG) also moved higher, up 2.59% or 213.00 points to end the day at 8,435.00.
On the downside, Tower Semiconductor Ltd (TASE:TSEM) led declines with a 6.72% drop, losing 4,410.00 points to close at 61,220.00. Nova (TASE:NVMI) fell 6.06%, down 6,750.00 points to 104,720.00, while Camtek Ltd (TASE:CAMT) slid 4.82%, a loss of 2,030.00 points to finish at 40,060.00.
Market breadth and volume indicators
Decliners slightly outpaced advancers on the Tel Aviv Stock Exchange, with 238 stocks falling compared with 234 that gained. An additional 87 issues ended unchanged.
Commodities and currency moves
In commodities trading, crude oil for October delivery rose 2.37%, or $1.98, to settle at $85.38 a barrel. Brent oil for December delivery recorded a larger percentage gain, up 5.03% or $4.33 to $90.45 a barrel. By contrast, the December Gold Futures contract declined 1.05%, or $47.35, trading at $4,482.55 a troy ounce.
On the foreign exchange front, USD/ILS was effectively unchanged, moving 0.05% to 3.00, while EUR/ILS increased 0.22% to 3.48. The US Dollar Index Futures fell 0.28% to 99.38 at the measured close.
Context for investors
The session showed a market where a few large-cap risers were not enough to offset steeper losses in certain technology and imaging-related stocks. Oil registered notable gains during the trading day, while gold futures slipped.