Market Overview#
On Tuesday, Israeli equities closed higher, buoyed by strong performances in the Insurance, Real Estate, and Oil & Gas sectors. The TA 35 index, which tracks the largest companies in Israel, gained 0.48%, reaching a new all-time high.
Top Performers#
Among the biggest gainers on the TA 35 were: - Migdal Insurance (TASE:MGDL), which surged 6.55%, adding 126 points to close at 2,051. - Amot Investments Ltd (TASE:AMOT), which rose 6.39%, also increasing by 126 points to finish at 2,099. - Camtek Ltd (TASE:CAMT), which saw a 4.47% increase, adding 2,450 points to close at 57,280.
Notable Declines#
Conversely, some stocks faced declines: - NICE Ltd (TASE:NICE) dropped 3.30%, losing 1,230 points to trade at 36,020. - Israel Discount Bank Ltd (TASE:DSCT) fell by 2.32%, down 77 points to end at 3,245. - Enlight Energy (TASE:ENLT) decreased by 2.11%, shedding 560 points to close at 26,020.
Market Statistics#
Overall, advancing stocks outnumbered declining ones, with 268 stocks rising compared to 222 that fell, while 61 remained unchanged on the Tel Aviv Stock Exchange.
Commodities Update#
In commodities trading, crude oil prices saw a decline, with June delivery down 4.38% to $101.76 per barrel. Brent oil for July delivery fell 3.09% to $110.90 per barrel. On a positive note, June Gold Futures rose 1.27% to $4,590.84 per troy ounce.
Currency Movements#
In currency markets, the Israeli Shekel weakened slightly against the US Dollar, down 0.65% to 2.94, and against the Euro, down 0.54% to 3.44. The US Dollar Index Futures saw a minor increase of 0.01%, reaching 98.28.