Overview of Market Performance#
On Thursday, Israeli stocks closed lower, with the TA 35 index dropping by 0.22%. This decline was largely driven by losses in key sectors, including Biomed, Real Estate, and Communication.
Notable Gainers#
Despite the overall downturn, some stocks managed to perform well. Camtek Ltd saw the largest increase, rising by 5.33%, which translates to an addition of 2,900 points, bringing its closing price to 57,300. Next Vision Stabilized Systems followed closely with a gain of 5.27%, or 1,520 points, ending at 30,340. Enlight Ene also experienced a positive session, up 4.06% or 1,020 points, closing at 26,120.
Major Losers#
On the flip side, several stocks faced significant declines. Tower Semiconductor Ltd was the biggest loser, dropping 8.86%, equating to a loss of 5,950 points, closing at 61,170. Dimri also fell by 6.40%, or 2,940 points, to finish at 42,990. NICE Ltd saw a decrease of 4.91%, losing 1,540 points and closing at 29,820.
Market Breadth#
In total, 260 stocks advanced while 211 declined, with 81 remaining unchanged on the Tel Aviv Stock Exchange. This indicates a relatively mixed market sentiment despite the overall decline in the TA 35 index.
Commodities and Currency Updates#
In commodities, crude oil prices saw a slight increase, with June delivery rising by 0.29% to $93.23 a barrel, while Brent oil for June delivery climbed 0.66% to $102.58. Gold futures remained stable, trading at $4,752.81 per troy ounce.
In currency markets, the Israeli Shekel weakened against the US Dollar, down 0.42% to 2.99, and against the Euro, down 0.34% to 3.50. The US Dollar Index Futures also saw a minor decline of 0.03% at 98.38.