Israel stocks higher at close of trade; TA 35 up 0.11%

Israel's stock market saw an uptick in its final trading session on Wednesday, with the TA 35 index ending the day 0.11% higher. The best-performing sectors were Biomed, Insurance, and Communication, with Tel Aviv Stock Exchange (TASE:TASE) leading the charge, climbing 3.95% or 480.00 points to close at 12,620.00. Clal Insurance Enterprises Holdings Ltd (TASE:CLIS) and Migdal Insurance (TASE:MGDL) also contributed to the gains, both rising by 2.13% and 2.10% respectively.

Meanwhile, Enlight Renewable Energy Ltd (TASE:ENLT) saw the steepest decline, falling by 2.82% or 680.00 points to close at 23,410.00. Navitas Petroleum LP Unit (TASE:NVPTp) and Next Vision Stabilized Systems (TASE:NXSN) also posted losses, reducing by 2.45% and 2.21% respectively. In terms of commodities, crude oil for October delivery saw a 0.72% drop to $81.77 a barrel, while Brent oil for November delivery declined by 0.68% to $86.68 a barrel.

Gold Futures for December also saw a 0.66% decrease to $4,663.55 a troy ounce. The US Dollar Index Futures also saw a 0.30% rise to 99.13, while USD/ILS was up 0.30% and EUR/ILS remained unchanged at 3.47.