Israel Stock Market Update

Investing.com – Israeli stocks closed higher on Wednesday, with significant gains in the Biomed, Technology, and Oil & Gas sectors.

At the close in Tel Aviv, the TA 35 index rose by 0.67%, reaching a new all-time high.

Best Performers

• Camtek Ltd (TASE:CAMT): increased by 7.78% (2,130 points) to 29,500.
• Teva Pharmaceutical Industries Ltd (TASE:TEVA): up by 6.62% (470 points) to 7,570.
• Tower Semiconductor Ltd (TASE:TSEM): rose by 4.37% (810 points) to 19,330.

Worst Performers

• Harel (TASE:HARL): fell by 3.86% (205 points) to 5,105.
• Shapir Engineering Industry (TASE:SPEN): declined by 2.21% (65 points) to 2,875.
• Ormat Technologies (TASE:ORA): down by 1.96% (510 points) to 25,550.

Rising stocks outnumbered declining ones on the Tel Aviv Stock Exchange by 242 to 226, with 69 stocks unchanged.

Notable Highs

Shares in Teva Pharmaceutical Industries Ltd and Tower Semiconductor Ltd hit 5-year highs, gaining 6.62% and 4.37%, respectively.

Commodity Updates

• Crude Oil (January delivery): up 0.67% to $70.55 per barrel.
• Brent Oil (February delivery): up 1.04% to $73.95 per barrel.
• Gold (February Futures): down 0.31% to $2,653.84 per troy ounce.

Currency Movements

• USD/ILS: down 0.22% to 3.59.
• EUR/ILS: down 0.36% to 3.76.
• US Dollar Index Futures: up 0.18% to 106.86.