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Tel Aviv's TA 35 Index Gains 0.65% to Close at One-Month High
Israeli stocks advanced at the close of trading on Friday, with the benchmark TA 35 index rising 0.65% to reach a new one-month high. The gains were driven by broad strength across the Real Estate, Technology, and Communication sectors, according to market data.
Friday's Session Details
The positive session on the Tel Aviv Stock Exchange saw advancing stocks outpace decliners. Market breadth was positive, with 253 stocks rising compared to 205 that fell, while 101 companies finished the day unchanged.
This upward momentum carried the main index to its highest closing point in a month, reflecting investor confidence in key segments of the Israeli market.
Top Performers and Laggards
Several companies posted significant gains, leading the index higher. The top performers on the TA 35 included:
Ad- Camtek Ltd (TASE:CAMT), which surged 7.79%.
- Mega Or (TASE:MGOR), adding 5.78% to its share price.
- Kenon Holdings Ltd (TASE:KEN), which climbed 4.82%.
On the downside, the session's worst performers were led by Navitas Petroleum LP Unit (TASE:NVPTp), which fell 2.32%. Other notable decliners included NICE Ltd (TASE:NICE), down 1.96%, and Shapir Engineering Industry (TASE:SPEN), which lost 1.67%.
Broader Market Context
In the currency markets, the Israeli shekel remained stable against major peers, with the USD/ILS and EUR/ILS pairs showing minimal change. Meanwhile, commodity prices were mixed, with futures contracts for both Crude Oil and Gold trading lower during the session.
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