Israel's equity market finished the trading day lower on Thursday, with sector-level declines in Oil & Gas, Real Estate and Technology contributing to downward pressure on the main index.
At the close in Tel Aviv, the TA 35 was down 0.80%.
The session saw a mix of pronounced winners and losers on the TA 35. The top performers were:
- ICL Israel Chemicals Ltd (TASE:ICL) - rose 8.10% or 132.00 points to trade at 1,762.00 at the close.
- Ormat Technologies (TASE:ORA) - added 6.21% or 2,100.00 points to end at 35,900.00.
- Amot Investments Ltd (TASE:AMOT) - advanced 3.84% or 82.00 points to 2,215.00 in late trade.
Conversely, the weakest performers on the TA 35 were led by semiconductor and energy-related names:
- Tower Semiconductor Ltd (TASE:TSEM) - fell 7.56% or 4,800.00 points to trade at 58,700.00 at the close.
- OPC Energy Ltd (TASE:OPCE) - declined 7.41% or 970.00 points to end at 12,120.00.
- Navitas Petroleum LP Unit (TASE:NVPTp) - was down 7.18% or 980.00 points to 12,660.00.
Market breadth at the Tel Aviv Stock Exchange showed more declining issues than advancers, with 249 stocks falling versus 232 rising, and 70 finishing unchanged.
Commodity markets registered notable moves that day. Crude oil for June delivery fell 4.15% or 3.95 to $91.13 a barrel. Brent oil for July delivery dropped 3.99% or 4.04 to $97.23 a barrel. In precious metals, the June Gold Futures contract rose 1.64% or 77.04 to trade at $4,771.34 a troy ounce.
Currency trading showed limited movement in the shekel crosses reported: USD/ILS was effectively unchanged, quoted as a 0.08% move to 2.90, while EUR/ILS increased 0.29% to 3.42.
On the dollar front, US Dollar Index Futures were down 0.16% at 97.72.
This session underscored a market environment where sector-specific swings produced outsized individual stock moves even as the headline index registered a modest decline.