Israeli Economy

The flagship indices closed with gains led by energy and technology stocks, with one company standing out in particular and leaving the rest of the market behind with an impressive jump of over 7 percent.

Following the Bank of Israel's interest rate decision that surprised markets, leading currencies have strengthened against the shekel. The chairman of Puria Finance analyzes the situation and provides a forecast for the medium and long term.

Stock market trading summary: sharp surges in Ayalon, WeSure Global Tech, and Mega Or shares, notable declines recorded in Electra Real Estate and Next Vision shares.

Gat Foods, a manufacturer of concentrates for the global beverage industry, is laying off 20% of its staff at the Emek Hefer plant. The move is driven by the strong shekel and declining export revenues.

The shekel continues to weaken moderately following the Bank of Israel's interest rate cut. The local currency market is also being influenced by escalation on the Iranian front and global market trends.

Ongoing disinflation and the strength of the shekel, despite a sharp rise in fuel prices, have led the Monetary Committee to decide on a further reduction in the base interest rate.

The TA-35 index is down by about 0.6%. A nightly exchange of blows between the US and Iran, along with increased expectations for an interest rate hike on Wall Street, are weighing on markets. Oil prices are climbing, complicating the Bank of Israel's upcoming interest rate decision.

According to an IBI investment house report, Tiv Taam recorded 555.8 million shekels in revenue for Q2 2026 and growth in same-store sales, defying broader challenges in the food retail sector.

The Tel Aviv Stock Exchange and Bank Hapoalim are launching a new index providing exposure to 58 public companies operating in the periphery with a market value of 171 billion NIS, aiming to boost growth and employment outside the country's center.

The decline in inflation and the strong shekel support a third consecutive reduction the day after tomorrow. On the other hand, the increase in government spending and security uncertainty raise concerns that prices will start rising again, so the Bank of Israel may leave the interest rate unchanged at 3.5%.

The Tel Aviv Stock Exchange's shift to a Monday-Friday trading week has yielded results faster than expected. Friday trading volumes surged by 173% compared to Sundays, with foreign investors accounting for 40.2% of the turnover.

A stormy trading day closed with sharp gains in the leading indices. While one of the largest technology companies records an unusual double-digit jump, retail giant Shufersal and airline El Al disappoint investors and plummet.

The banking index rose 2.45% and the defense index plummeted about 4% on the same day — two opposite stories that the broad index hides. How an index is calculated, why entering it ignites huge demand at the closing auction, and what each sectoral index tells those who want to understand the stock market.

A particularly volatile trading day closed with gains in the leading indices, as one share recorded an exceptional jump and left the rest of the market behind. Who are the day's biggest losers?

Infrastructure and energy company Inter Plus concludes a successful quarter with a surge in revenues and a transition to an operating profit of millions of shekels, alongside new, prestigious, high-volume contracts.

A new macroeconomic review reveals an unusual gap between the current interest rate and the state of the economy, indicating that at least two rate cuts are expected in the coming year, contrary to market estimates.

The Tel Aviv Stock Exchange research unit summarized the week, highlighting divergent index performance, significant capital raising in the debt market, and continued investor interest in mutual funds.

The main indices closed with sharp declines, with technology and real estate stocks leading the negative trend. Who managed to surprise and rise against the market direction, and which company recorded the most painful decline?

The holding company concludes a dream half-year with a net profit of almost 180 million shekels, just after entering the leading indices and acquiring a well-known cellular network in Israel.

The Tel Aviv Stock Exchange closed with a clear upward trend in the two main indices. Among the rising stocks, Danya Cebus celebrates at the top with an increase of 5.77%, while Beit Shemesh stock recorded the highest decline of the day.

Key economic stories of the week: Rami Levy invests 225 million shekels in a new project, Max to compensate businesses, Victory's profits jump 150%, Moderna shares soar on Wall Street, plus Amos Luzon's deal, chaos at Ben Gurion Airport, and Itay Levi's real estate move.

The strike that led today (Thursday) to widespread disruptions at Ben Gurion Airport caused damage to the economy estimated at this stage at 25 to 30 million shekels. This is a preliminary estimate that includes the direct and indirect costs of the shutdown of operations.

Fuse manufacturer Arit Industries is recording a sharp decline of nearly 20% today, Thursday, following its latest financial report, making it the worst performer in the TA-125 index. This drop marks a total plunge of over 75% from its January peak, when the company reached an inflated market valuation of 7 billion shekels following the post-October 7 market frenzy.

The Sderot-based fuse manufacturer is set to distribute profits from the sale of shares in its subsidiary to shareholders, following a weak quarter in which it reported a 36% decline in revenue and an 85% drop in net profit. The stock is falling sharply in Tel Aviv trading.

Novolog released its Q2 2026 results following a management overhaul and the consolidation of the Pozis family's control. Net profit dropped to 541,000 shekels from 4.6 million shekels in the same quarter last year, driven by higher financing expenses.

The Ashdod oil refinery's board of directors has extended its consulting agreement with Shapir for three years, until August 2029, despite the Concentration Committee's recommendation against Shapir gaining control over the refinery.

Clal has broken a record in core business profit, launched for the first time in its history a share buyback program, and crossed 456 billion shekels in assets under management. In an interview with ice, CEO Yoram Naveh explains why he remains "long on Israel," why he will not fight for market share in auto insurance at any cost, and why the "small bank" reform, which is supposed to increase...

Despite the rise in raw material costs globally and a military operation, the company Klil presents exceptional reports with a 63% jump in revenues and an operating profit that broke last year's records.

The Tel Aviv Stock Exchange closed with declines across both major indices. The TA-35 index fell by 0.2% to 4,167.91 points, while the TA-125 index dropped by 0.02% to 4,039.99 points. Shares of Damri rose by 6.65%, whereas Camtek shares plummeted by 7.27%.

Bank of Israel Governor Professor Amir Yaron told Bloomberg that rising uncertainty makes a September interest rate cut uncertain. While praising strong growth data, the Governor emphasized the need for caution.

Since the beginning of the month, the shekel has strengthened against the dollar by 3%, trading again below 3 shekels. Experts attribute this trend not to the weakness of the US dollar, but to the fundamental forces of the Israeli economy.

The Tel Aviv Stock Exchange ended the session with gains in its two main indices. The TA-35 index rose by 0.04% to 4,176.34 points, while the TA-125 index climbed 0.36% to 4,040.87 points.

Maytronics has officially confirmed reports regarding negotiations to raise 300 million shekels in capital and a potential sale of control to the FIMI fund. The move aims to reduce the company's 600 million shekel debt and restructure its production operations.

Trading in Tel Aviv will open against the backdrop of escalating security tensions in the north and south. Dual-listed stocks return with a mixed gap: Tower and Teva will provide support, Camtek and Nice will weigh down. Why are oil prices not soaring despite the blockade in the Strait of Hormuz? The AI effect: huge infrastructure spending is creating inflationary pressure in the US. And also: on...

Shaul Meridor, former head of the Budget Department and currently a candidate on the Yasar list, is showing great activity on the web. Between the lychee orchard in the Galilee and the toiletries department at the supermarket, he pulls out quite a few figures. Meridor is not always accurate, but at least he brings important economic issues to the discourse.

Leader Capital Markets estimates that inflation data and the strengthening of the shekel will allow for a significant policy move soon, despite a sharp drop in new apartment sales and an unusual decline in consumer confidence.

July was a quiet month in the markets, with the Tel Aviv 35 index adding about 2% while US indices closed with slight declines. In the yield tables, this translated into tiny movements where fractions of a percent determined the leaders and laggards.

July was positive in the local market, but the strengthening of the shekel boosted foreign-oriented bodies and S&P 500 trackers. After difficult years, Altshuler Shaham and Yelin Lapidot had another good month, outperforming their competitors despite negative returns.

The last year in the Finance Committee was a year of big numbers, budgets, and dramatic decisions. But behind every decision stood a person I met in the field: a reservist trying to hold his home together, a business owner fighting for her life's work, a farmer continuing to work under fire, and residents bearing the burden of the war.

Bank of Jerusalem shares rise against the backdrop of a mother and daughter's absence in Vienna, Liora Ofer celebrates a new move that will bring in billions, and SanDisk in a stock buyback. These were the news of the week on ice.

Alongside a positive trend in the main TA-35 and TA-125 indices, several prominent stocks recorded increases of up to 8.4%, while sharp declines were also observed. Here are the full details.

In recent years, more and more Israelis prefer to spend their leisure time and shop near home instead of traveling to Tel Aviv — both because the offerings are no longer unique or interesting enough, and because of the traffic chaos. If the municipality does not wake up, the day is not far off when the 'city that never stops' will take a long break.

Mortgage volume reached 11.5 billion shekels in July, an 8% increase year-on-year. Experts warn that these figures reflect past transactions and create a misleading sense of market health.

The group concluded the second quarter of 2026 with a 42% jump in operating profit and a net profit that more than doubled. Positive free cash flow enabled a dividend payout of 180 million shekels.

The Stock Exchange closed today with significant fluctuations in the two flagship indices. Among the rising stocks, no dramatic gains were recorded, but in the declining sector, Israeli companies experienced severe shocks.

The stock exchange closed with declines in the two leading indices, as prominent stocks recorded a free fall of up to 10.16%, while on the other hand, a surprising stock soared.

Since the beginning of the year, 20 companies have raised 7.7 billion shekels through IPOs. Despite the success of the defense sector, nine out of 19 stocks currently trade below their IPO price amid market caution.

Hapoalim, Leumi, Discount and Beinleumi are reporting this week, alongside Elbit, Strauss, Cellcom and Isracard. What is the market looking for, and why is it important to you even if you haven't bought a single share directly?

The taxi giant is storming the group transport market, a veteran diamond dealer explains the industry's collapse, the new job of Dadi Barnea, another unflattering cost-of-living ranking for Israel, and the dubious clause that allowed budget transfers during the Knesset recess — the most read articles of the week.

The stock exchange closed in the green as both flagship indices recorded a rise in prices. Ormat Technologies stock is defined as the day's biggest winner, jumping by 8.98%. In contrast, Ackerstein Group is the biggest loser.