File photo: Tel Aviv skyline, photographed April 22, 2019. Photo: Cabeza2000 / Wikimedia Commons / Cropped and resized, adapted image CC BY-SA 4.0.
Israeli stocks fell on Friday. The TA-125 index closed at 3,920.85, down 0.98%, and the blue-chip TA-35 fell 0.88% to 4,038.02, according to Tel Aviv Stock Exchange data after the close.
The TA-125 opened at 3,965.38 and traded between a high of 3,970.13 and a low of 3,912.75. Turnover in the index was about NIS 1.14 billion. The TA-35 traded between 4,088.04 and 4,032.31, with turnover of about NIS 897 million.
Several banks and insurers were among the most actively traded decliners in the TA-125: Leumi fell 1.47%, Bank Hapoalim 1.19%, Discount 1.83% and Phoenix 1.52%. Tower Semiconductor rose 0.80%, El Al 0.89% and Palo Alto 4.57%.
The decline followed a 0.19% gain in the TA-125 on Thursday. The index is still higher for the week: it closed the previous Friday, Nov. 6, at 3,823.63, so Friday’s close is about 2.5% above that level. The TA-35 closed Thursday at 4,073.77, up 0.37%.
For investors who hold Tel Aviv shares or funds tracking the TA-35 or TA-125, Friday’s decline took back part of the gains from earlier in the week, with the TA-125 still ahead for the week.
JBizNews Desk | Tel Aviv
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