Tel Aviv Stock Exchange Opens Week With Minor Gains as Electra Surges
The Tel Aviv Stock Exchange opened the week with slight gains on Monday, led by Electra Real Estate surging 14.22%, while Gilat dropped 8.04%.
The Tel Aviv Stock Exchange opened the trading week with slight gains on Monday, as leading indices finished the session in positive territory. The Tel Aviv 35 index inched up 0.01%, while the broader Tel Aviv 125 index registered a 0.08% increase.
Leading the gainer's board was Electra Real Estate, which surged an impressive 14.22% to close at 1,759 agorot. Lahav followed in second place with a 7.80% gain to 1,106 agorot, while Ampa rounded out the top three with a 6.15% rise to 1,364 agorot. Pharmaceutical giant Teva also had a strong session, climbing 5.25% to 12,630 agorot, and Meshhek Energy rounded out the top five with a 4.79% increase to 1,021 agorot.
On the flip side, Gilat suffered the steepest drop among declining stocks, plunging 8.04% to 2,630 agorot. Bazan lost 7.29% to close at 190.7 agorot, and chipmaker Tower dropped 6.09% to 66,670 agorot. Qualitao fell 4.38% to 30,750 agorot, and Israel Corporation slid 4.16% to finish the trading day at 7,254 agorot.
