Israel's main market closed lower on Monday, with sectoral declines in Insurance, Financials and Oil & Gas weighing on overall performance.
At the close in Tel Aviv, the TA 35 was down 2.01%.
Among TA 35 components, the session's strongest performers included:
- Tower Semiconductor Ltd (TASE:TSEM) - up 7.57% or 5,790.00 points to end at 82,230.00.
- Nova (TASE:NVMI) - rose 6.26% or 10,430.00 to finish at 176,930.00; the stock reached an all-time high in the session.
- Camtek Ltd (TASE:CAMT) - advanced 6.22% or 3,400.00 to close at 58,100.00.
The biggest decliners on the TA 35 were notable for steep drops:
- Elbit Systems Ltd (TASE:ESLT) - down 7.56% or 19,460.00 to trade at 238,040.00 at the close.
- Menora Miv Hld (TASE:MMHD) - fell 6.57% or 3,290.00 to finish at 46,790.00.
- Tel Aviv Stock Exchange (TASE:TASE) - declined 6.42% or 960.00 to 13,990.00.
Market breadth was negative: falling issues outnumbered advancing ones by 336 to 135, while 86 stocks ended unchanged.
Commodities traded with notable moves. Crude oil for July delivery fell 5.41% or 4.59 to $80.29 a barrel, and Brent oil for August delivery dropped 5.00% or 4.37 to $82.96 a barrel. In contrast, the August gold futures contract rose 3.40% or 144.32 to trade at $4,383.12 a troy ounce.
On the currency front, USD/ILS was down 0.49% to 2.90, while EUR/ILS was unchanged 0.15% at 3.37.
Several market indicators and shorthand references were noted alongside the session data: DX-0.23% GC+3.25% LCO-4.74% CL-4.98% TA35-2.01% MMHD-6.57% TSEM+7.57% CAMT+6.22% NVMI+6.26% TASE-6.42% MGCc1+2.9% CL/USD-2.99%.
Separately, the US Dollar Index Futures was reported down 0.24% at 99.25.
This session combined sector-specific pressure in Insurance, Financials and Oil & Gas with broad market weakness, while select technology and semiconductor-related names recorded strong gains.