Tel Aviv Stock Exchange: Main index posts 17% year-to-date gain
Leading indices recorded gains over the past trading week, while the mutual fund market saw significant redemptions and government bonds faced downward pressure.
The research unit of the Tel Aviv Stock Exchange has summarized the trading week, which concluded with cautious optimism amid geopolitical developments and a heavy schedule of macro data and financial reports.
'Flagship indices ended the week with gains: the TA-35 index rose by 2.72% over the past week, completing a 17.11% increase year-to-date. The TA-125 index rose by 2.27% (13.93% YTD), while the TA-90 index rose by 0.85% (2.88% YTD).
The Israeli government bond market saw price declines across the entire yield curve, driven by security escalations and rising yields in the US government bond market. By week's end, the Tel Bond-General index fell by 0.47%, the Tel Bond-Shekel index by 0.58%, and the Tel Bond-Linked index by 0.45%. Consequently, the yield on 10-year Israeli government bonds rose from 3.819% to 3.946%, while 3-year bond yields rose from 3.523% to 3.653%.
The debt market raised approximately 1.05 billion NIS during the week. The majority was raised by IBI Ribiot ve-Pikadonot, a new entrant, which secured about 950 million NIS through Series A bonds in a tender for qualified investors held on July 15, 2026.
The mutual fund market saw net redemptions of about 638 million NIS during the week, though it has seen a net inflow of 38.6 billion NIS year-to-date. As of July 22, 2026, total market volume stood at approximately 831.7 billion NIS, an increase of 79.4 billion NIS since the end of 2025.'
