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Israeli Shares Up Today, TA 35 Up 1.33% At Close

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Israel stocks had been higher following the close as gains within the Banking, Financials and Insurance sectors led shares higher Sunday.

The TA 35 rose 1.33percent during the close in Tel Aviv.

The most effective performers for the session in the TA 35 were Ormat Technologies (TASE:ORA), which rose 4.39percent or 1020 points to trade at 24260 at the close. Meanwhile, Phoenix Holdings Ltd (TASE:PHOE1) added 3.54% or 62 points to get rid of at 1813 and Shikun & Binui (TASE:SKBN) was up 3.23% or 51 points to 1629 in late trade.

The worst performers of the session were Elbit Systems Ltd (TASE:ESLT), which dropped 1.82percent or 740 points to trade at 40000 at the close. Liveperson (TASE:LPSN) declined 1.46% or 290 points to finish at 19570 and OPKO Health Inc (TASE:OPK) was down 1.32% or 19 points to 1417.

Increasing shares outnumbered people which can be decreasing the Tel Aviv Stock Exchange by 260 to 132 and 27 ended unchanged.

Shares in Elbit Systems Ltd (TASE:ESLT) dropped to 3-years lows; falling 1.82% or 740 to 40000.

Crude oil for delivery was down 2.19% or 0.89 to $39.75 a barrel. Somewhere else in commodities trading, Brent oil for distribution in unchanged 0.00% or 0.00 going to $42.07 a barrel, as the December Gold Futures contract dropped 0.03per cent or 0.60 to trade at $1904.00 a troy ounce.

USD/ILS was down 0.14% to 3.3738, while EUR/ILS rose 0.22% to 4.0015.

The USA Dollar Index Futures was down 0.26percent at 92.722. Israel stocks had been higher following the close. Yossi Beinart had been appointed CEO that is TASE in 2014 and had been a Director at the Tel-Aviv Stock Exchange Clearing House Ltd as well as on the MAOF Clearing House Ltd board. Beinart died in 2017, and was succeeded by Itai Ben-Zeev august. Amnon Neubach was the Chairman of this TASE Board since 2014 April.

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Justin N. Richards

Justin N. Richards is a Florida-based technical analyst, market researcher, educator, and trader. Justin began his career in Chicago in 2001 performing futures market analysis for floor traders at the Chicago Board of Trade and the Chicago Mercantile Exchange. He also worked for numerous brokerage firms during that time, all of which hold him in high regard, and he has been providing outstanding analysis services for traders worldwide ever since. Mr. Richards is an expert in the area of market patterns, price and time analysis as it applies to futures, Forex, and stocks. In addition to these talents, he provides educational services for investors looking to improve their analysis and trade skills. Justin has a B.A. in Business Administration from UCLA and an M.S. in Financial Markets and Trading from the Illinois Institute of Technology. Justin’s professional experience, education, and discipline, not only make him an exceptional analyst, they point him out as a reliable, hard working and intelligent business strategist who is dedicated to his craft.
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