Israel stocks lower at close of trade; TA 35 down 1.81%
In short
Equities struggled across the board during the trading day, culminating in a negative close for the local market. The downward momentum was particularly reflected in the primary benchmark, which dropped by 1.81% by the final bell. Market participants watched the key TA 35 index contract as selling activity carried through to the end of the session.
Key points
- Broad selling pressure dragged the domestic stock market into negative territory by the c…: Broad selling pressure dragged the domestic stock market into negative territory by the close.
- Weakness in the leading TA 35 benchmark index signaled a challenging session for local sh…: Weakness in the leading TA 35 benchmark index signaled a challenging session for local shares.
- Equities remained unable to rebound before the closing bell finalized the daily losses.: Equities remained unable to rebound before the closing bell finalized the daily losses.