Israel stocks closed higher with TA-35 at an all-time high, led by various sectors

From Investing.com: 2025-01-05 11:00:04

Israel stocks closed higher, with the TA-35 hitting a new all-time high, led by gains in various sectors. Phoenix Holdings, Azrieli Group, and Delek Group were among the top performers, while Teva Pharmaceutical Industries, Tower Semiconductor, and Sapiens International Corporation struggled.

Rising stocks outnumbered declining ones 383 to 93 on the Tel Aviv Stock Exchange, with 60 ending unchanged. Phoenix Holdings, Azrieli Group, and Delek Group all reached new highs, showing strong momentum in the market.

Crude oil prices rose, with February delivery up 1.13% to $73.96 a barrel. Brent oil for March delivery also increased, while gold futures fell. The USD/ILS and EUR/ILS exchange rates remained steady, while the US Dollar Index Futures dropped slightly to 108.80.



Read more at Investing.com: Israel stocks higher at close of trade; TA 35 up 0.63% By Investing.com