Israel's equity market closed higher on Tuesday, with the TA 35 index ending the session up 1.57% in Tel Aviv as gains in the Communication, Technology and Real Estate sectors supported the advance.
The session's top performers on the TA 35 included Elbit Systems Ltd (TASE:ESLT), which climbed 10.95% - an increase of 30,400.00 points - finishing at 308,000.00. OPC Energy Ltd (TASE:OPCE) added 5.49% or 610.00 points to close at 11,730.00. Big Shopping Centers Ltd (TASE:BIG) also posted a strong showing, rising 5.02% or 3,740.00 points to end the day at 78,180.00.
On the downside, Ormat Technologies (TASE:ORA) was the weakest name among the index constituents, slipping 3.94% or 1,390.00 points to 33,900.00 at the close. Tower Semiconductor Ltd (TASE:TSEM) declined 2.62% or 1,140.00 points to finish at 42,450.00, while Enlight Renewable Energy Ltd (TASE:ENLT) fell 2.42% or 570.00 points to 23,020.00.
Market breadth favored advancers, with 290 stocks rising on the Tel Aviv Stock Exchange versus 183 that fell; 78 issues ended unchanged. The report noted that shares of Elbit Systems and OPC Energy rose to all-time highs, with Elbit up 10.95% to 308,000.00 and OPC Energy gaining 5.49% to 11,730.00.
Commodities and currency markets moved in parallel with the local equity gains. Crude oil for May delivery increased 2.56% or $2.37 to $94.83 a barrel. Brent crude for May delivery rose 2.39% or $2.40 to $102.61 a barrel. In precious metals, the April Gold Futures contract slipped 0.04% or $1.99 to trade at $5,000.21 a troy ounce.
FX markets showed the Israeli shekel strengthening against the dollar and euro on the session: USD/ILS fell 0.64% to 3.10, while EUR/ILS declined 0.46% to 3.57. The US Dollar Index Futures was slightly lower, down 0.05% at 99.42.
The day's activity highlighted concentrated moves among several large-cap names while commodity and currency swings added an external backdrop to the domestic rally. The data points above reflect the close-of-day calculations for the Tel Aviv Stock Exchange and related commodity and FX contracts.