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Israel’s TA 35 Sees Slight Uptick, Closing Up 0.04%

Israeli stocks
Israeli stocks experienced a slight uptick on Sunday, driven by strength in the Insurance, Financials, and Banking sectors. At market close, the TA 35 index edged up by 0.04%.

Among the session's top performers, Harel Insurance (TASE: HARL) surged by 4.98%, reaching an all-time high of 4,220.00 points. Israel Corp (TASE: ILCO) advanced 3.01% to 87,910.00 points, while ICL Israel Chemicals Ltd (TASE: ICL) climbed 2.94% to 1,682.00 points.

On the downside, Nova (TASE: NVMI) led the losses, dropping 6.04% to 67,210.00 points. Camtek Ltd (TASE: CAMT) and Tower Semiconductor Ltd (TASE: TSEM) also fell sharply by 5.87% and 5.05%, respectively.

Overall, advancing stocks outpaced decliners on the Tel Aviv Stock Exchange, with 283 gainers against 167 losers, and 88 stocks remaining unchanged.

In commodities, crude oil for January delivery dropped by 2.45% to $66.92 per barrel, and Brent oil fell 2.09% to $71.04 per barrel. Gold futures dipped slightly, declining 0.11% to $2,570.10 per troy ounce.

Currency-wise, the USD/ILS exchange rate was steady at 3.74, while the EUR/ILS rose by 0.25% to 3.94. Meanwhile, the US Dollar Index Futures ticked up marginally by 0.02%, reaching 106.62.

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