Negative market trend: Major indices fall, Tower shares drop 14.56%

The Tel Aviv Stock Exchange closed with declines in the TA-35 and TA-125 indices. Tower shares led the losses, while NICE, Amram, and Partner stocks posted gains.

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Negative market trend: Major indices fall, Tower shares drop 14.56%
Photo: ICE / הבורסה לניירות ערך בתל אביב (צילום פלאש 90/ נתי שוחט, shutterstock)

The Tel Aviv Stock Exchange closed today, Monday, with declines across its main indices. The TA-35 index fell by 2.15% to 4,161.81 points, while the TA-125 index dropped by 1.87% to 4,095.62 points.

Among the top gainers, NICE shares rose by 7.18% to 28,510 agorot. Amram followed with a 5.55% increase to 3,612 agorot. NewMed Energy shares rose by 3.22% to 3,612 agorot, while Partner shares jumped by 3% to 4,054 agorot. Melisron also showed positive momentum, with its stock rising by 2.53% to 41,800 agorot.

Tower was the day's biggest loser, with its stock plummeting by 14.56% to 67,800 agorot. Gilat shares lost 7.91% to 3,330 agorot. Nova stock fell by 7.87% to 130,910 agorot, Camtek shares plunged by 7.05% to 45,220 agorot, and Lapidot Capital shares declined by 7% to 7,550 agorot.

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