Israel’s blue-chip TA 35 index closed 0.11% higher on Wednesday as gains in biomedical, insurance and communications shares offset declines in energy and technology stocks.
The Tel Aviv Stock Exchange’s TA 35, which tracks the 35 largest listed companies by market cap, rose to 12,620 points, up 14 points from the previous close. Advancing issues outnumbered decliners 261 to 206, with 92 stocks unchanged.
Clal Insurance Enterprises Holdings Ltd led sector gains, climbing 2.13% to 25,860 points, followed by Migdal Insurance’s 2.10% rise to 1,945 points. Biomedical shares also contributed, with the sector among the top performers.
Energy and technology stocks weighed on the index. Enlight Energy fell 2.82% to 23,410 points, Navitas Petroleum’s unit declined 2.45% to 13,160 points, and Next Vision Stabilized Systems dropped 2.21% to 19,930 points.
The Israeli shekel strengthened 0.29% against the dollar to 2.98, while the euro held steady at 3.47. The U.S. Dollar Index futures fell 0.28% to 99.12.
Commodities ended lower. Crude oil for October delivery declined 0.74% to $81.75 per barrel, Brent crude for November delivery fell 0.69% to $86.67 per barrel, and gold for December delivery dropped 0.62% to $4,665.29 per troy ounce.
