Israel's equity market ended higher after the close on Friday, with the TA 35 up 1.32% as gains in Biomed, Insurance and Technology stocks helped push the benchmark higher.
Top movers on the TA 35
The session's strongest performer on the TA 35 was Tower Semiconductor Ltd (TASE:TSEM), which climbed 4.48% - a rise of 2,900.00 points - to finish at 67,700.00. Newmed Energy LP (TASE:NWMDp) added 3.83% or 62.00 points to close at 1,680.00. OPC Energy Ltd (TASE:OPCE) also saw gains, rising 3.04% or 283.00 points to trade at 9,593.00 at the close.
Largest decliners
On the downside, Strauss Group (TASE:STRS) slipped 1.53%, down 180.00 points to 11,580.00 at the close. Delek Group (TASE:DLEKG) declined 1.42% or 115.00 points to end the session at 8,012.00. Enlight Renewable Energy Ltd (TASE:ENLT) fell 1.37%, a drop of 360.00 points, to finish at 26,000.00.
Market breadth and participation
Advancers outpaced decliners on the Tel Aviv Stock Exchange by 355 to 98, while 105 issues finished unchanged, indicating broad participation in the rally.
Commodities and currencies
In commodity markets, crude oil for September delivery rose 2.55% or 2.13 to trade at $85.72 a barrel. Brent oil for October delivery increased 1.91% or 1.66 to $88.54 a barrel. The August Gold Futures contract declined 1.43% or 58.50 to $4,041.60 a troy ounce.
On the currency front, USD/ILS was unchanged 0.12% to 3.06, while EUR/ILS fell 0.25% to 3.51. The US Dollar Index Futures moved up 0.29% to 100.01.
Overall, the trading session closed with the TA 35 higher by 1.32%, supported by sector-specific gains and a positive advance-decline differential.