Market Overview#
On Friday, Israel's stock market closed lower, primarily driven by declines in the Banking, Financials, and Real Estate sectors. The TA 35 index, which tracks the performance of the largest companies on the Tel Aviv Stock Exchange, fell by 1.29%.
Notable Gainers#
Despite the overall decline, some stocks managed to perform well. Camtek Ltd saw a significant increase of 5.72%, adding 3,280 points to close at 60,580. Next Vision Stabilized Systems rose by 2.64%, gaining 800 points to finish at 31,140, while Ormat Technologies increased by 1.11%, up 370 points to close at 33,800.
Major Losers#
On the other hand, several companies faced substantial losses. Dimri experienced the largest drop, losing 4.16% or 1,790 points, ending at 41,200. First International Bank of Israel declined by 3.70%, down 950 points to 24,730, and Israel Discount Bank fell by 3.65%, losing 129 points to close at 3,405.
Market Statistics#
Overall, the number of declining stocks outnumbered those that rose, with 276 stocks falling compared to 176 that gained, while 100 remained unchanged on the Tel Aviv Stock Exchange.
Commodities Update#
In commodities trading, crude oil for June delivery decreased by 0.90%, settling at $94.99 per barrel. Conversely, Brent oil for June rose slightly by 0.10%, reaching $105.17 per barrel. Gold futures for June also saw an increase of 0.40%, trading at $4,742.99 per troy ounce.
In currency markets, the USD/ILS exchange rate fell by 0.54% to 2.99, while the EUR/ILS remained stable at 3.50. The US Dollar Index Futures dipped by 0.13%, landing at 98.47.