Israel equities ended the trading day in negative territory on Wednesday, with the TA-35 index down 0.44% at the close in Tel Aviv. Market breadth favored advancers numerically, but headline sectors such as Oil & Gas, Technology and Biomed registered notable declines that pushed the benchmark lower.
Top and bottom movers
The session's strongest performers included Melisron (TASE:MLSR), which climbed 5.14% - gaining 2,300.00 points to finish at 47,060.00 and reached an all-time high in the process. Dimri (TASE:DIMRI) advanced 4.61% or 1,940.00 points to close at 44,000.00, while Mivne Real Estate KD Ltd (TASE:MVNE) rose 3.33% or 50.00 points to 1,552.00.
On the downside, NICE Ltd (TASE:NICE) led losses, plunging 18.80% or 6,770.00 points to 29,250.00 at the close. Next Vision Stabilized Systems (TASE:NXSN) slipped 7.42% or 2,540.00 points to end at 31,690.00, and Navitas Petroleum LP Unit (TASE:NVPTp) declined 5.01% or 720.00 points to 13,640.00.
Overall, advancing issues outnumbered decliners on the Tel Aviv Stock Exchange, with 302 stocks higher, 186 lower and 63 finishing unchanged.
Commodities and currency movements
Commodity markets showed material moves during the day. Crude oil for June delivery fell 7.01% or 7.17 to $95.10 a barrel, while Brent oil for July delivery dropped 7.23% or 7.94 to $101.93 a barrel. By contrast, the June Gold Futures contract traded higher, up 3.18% or 145.10 to $4,713.60 a troy ounce.
Currency rates moved as well: USD/ILS was down 1.03% to 2.90 and EUR/ILS declined 0.53% to 3.41. The US Dollar Index Futures was reported down 0.54% at 97.78.
Implications for market segments
The trading session underscored divergent performance across sectors. Real estate and certain holding companies posted gains, while the Oil & Gas, Technology and Biomed sectors registered the largest downward pressure on the TA-35. Commodity price swings and currency moves were prominent elements of market action during the day.