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Israel stocks lower at close of trade; TA 35 down 1.41%

27/01/2020 17:30:00 Stock Market
Israel stocks were lower after the close on Monday, as losses in the Oil&Gas, Technology and Communication sectors led shares lower.At the close in Tel Aviv, the TA 35 fell 1.41%.The best performers of the session on the TA 35 were Bazan Oil Refineries Ltd (TASE:ORL), which rose 2.00% or 3.2 points to trade at 163.1 at the close. Meanwhile, Elbit Systems Ltd (TASE:ESLT) added 0.85% or 450 points to end at 53200 and Mizrahi Tefahot (TASE:MZTF) was unchanged 0.00% or 0 points to 9330 in late trade.The worst performers of the session were Tower Semiconductor Ltd (TASE:TSEM), which fell 4.62% or 397 points to trade at 8200 at the close. Delek Group (TASE:DLEKG) declined 4.03% or 2020 points to end at 48050 and Isramco Negev 2 LP (TASE:ISRAp) was down 3.46% or 1.8 points to 50.2.Falling stocks outnumbered advancing ones on the Tel Aviv Stock Exchange by 352 to 53 and 18 ended unchanged. Crude oil for March delivery was down 3.01% or 1.63 to $52.56 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 3.02% or 1.81 to hit $58.08 a barrel, while the February Gold Futures contract rose 0.48% or 7.55 to trade at $1579.45 a troy ounce. USD/ILS was up 0.15% to 3.4589, while EUR/ILS rose 0.12% to 3.8102. The US Dollar Index Futures was up 0.13% at 97.775.