Israel Stocks Close Lower: TA 35 Dips 0.09%; Camtek Soars

Mark Eisenberg
Photo: Finoracle.net

Israel Stocks Lower at Close of Trade; TA 35 Down 0.09%

At the close in Tel Aviv, the TA 35 index fell by 0.09%. This decline was mostly due to losses in various sectors which pushed shares lower on Tuesday.

Top Performers of the Session

The best performers of the trading session were:

  • Energean Oil & Gas PLC: Gained 5.71% or 269.00 points, closing at 4,976.00.
  • Camtek Ltd: Added 4.98% or 2,130.00 points, ending at 44,880.00.
  • Tower Semiconductor Ltd: Increased by 3.16% or 450.00 points, finishing at 14,710.00.

Worst Performers of the Session

The worst performers were:

  • Enlight Renewable Energy Ltd: Dropped 3.19% or 204.00 points, trading at 6,186.00 at the close.
  • Shapir Engineering Industry: Fell by 3.13% or 59.00 points, to 1,825.00.
  • Energix: Declined 2.93% or 43.00 points, ending at 1,426.00.

General Market Performance

On the Tel Aviv Stock Exchange, more stocks fell than rose:

  • 324 stocks declined.
  • 135 stocks advanced.
  • 80 stocks remained unchanged.

Noteworthy Moment

Shares in Camtek Ltd reached all-time highs, rising by 4.98% or 2,130.00 points to 44,880.00.

Commodity Prices

In the commodities market:

  • Crude oil for August delivery was up by 0.93% or $0.74, closing at $80.46 per barrel.
  • Brent oil for August delivery rose by 0.85% or $0.72, ending at $84.97 per barrel.
  • August Gold Futures contract increased by 0.42% or $9.75, trading at $2,338.75 per troy ounce.

Currency Exchange Rates

For the currency exchange:

  • USD/ILS was up by 0.22% to 3.72.
  • EUR/ILS increased by 0.26% to 3.99.
  • US Dollar Index Futures slightly fell by 0.02% to 104.92.

Summary

The Tel Aviv Stock Exchange saw a slight decline of 0.09% in the TA 35 index, influenced by various sector losses. While companies like Energean Oil & Gas PLC, Camtek Ltd, and Tower Semiconductor Ltd saw significant gains, others such as Enlight Renewable Energy Ltd and Shapir Engineering Industry experienced notable declines. The commodities market showed rising oil and gold prices, and there were small shifts in currency exchange rates, all of which offer a mixed outlook for the market.

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Mark Eisenberg is a financial analyst and writer with over 15 years of experience in the finance industry. A graduate of the Wharton School of the University of Pennsylvania, Mark specializes in investment strategies, market analysis, and personal finance. His work has been featured in prominent publications like The Wall Street Journal, Bloomberg, and Forbes. Mark’s articles are known for their in-depth research, clear presentation, and actionable insights, making them highly valuable to readers seeking reliable financial advice. He stays updated on the latest trends and developments in the financial sector, regularly attending industry conferences and seminars. With a reputation for expertise, authoritativeness, and trustworthiness, Mark Eisenberg continues to contribute high-quality content that helps individuals and businesses make informed financial decisions.​⬤