Stock Markets November 12, 2026 10:55 AM

Tel Aviv Stocks Close Higher as Oil & Gas, Banking and Biomed Lift TA 35

TA 35 advances 0.37% as select large-cap names post gains while market breadth remains negative

By Hana Yamamoto
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TEVA

The Tel Aviv 35 index finished the session up 0.37%, supported by advances in Oil & Gas, Banking and Biomed names. Newmed Energy led the index gains, while several financial stocks and a cybersecurity group were among the heaviest decliners. Market breadth was negative, with more decliners than advancers across the exchange. Commodity and currency moves included modest rises in Brent and U.S. crude prices and a notable drop in December gold futures.

Tel Aviv Stocks Close Higher as Oil & Gas, Banking and Biomed Lift TA 35
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Key Points

  • TA 35 climbed 0.37% at the close, driven by gains in Oil & Gas, Banking and Biomed sectors.
  • Top performers included Newmed Energy (NWMDp +5.52%), Next Vision Stabilized Systems (NXSN +3.86%) and Teva (TEVA +3.18%), with Teva reaching five-year highs.
  • Decliners outnumbered advancers 285 to 179, with Palo Alto Networks (CYBR -4.46%), Menora Mivtachim (MMHD -3.66%) and Harel (HARL -3.12%) among the worst performers.
  • Commodity and currency moves: December U.S. crude $86.61 (+0.09%), Brent Jan $93.58 (+0.88%), December gold futures $3,875.15 (-3.13%); USD/ILS 3.20 (+0.66%), EUR/ILS 3.53 (+0.40%).

Israel equities closed higher on Thursday, with the blue-chip TA 35 registering a 0.37% gain at the market close. Sector-level strength in Oil & Gas, Banking and Biomed contributed to the rise in the headline index.

Among individual components, Newmed Energy LP (TASE:NWMDp) was the top performer on the TA 35, climbing 5.52% - a 93.00-point increase - to finish at 1,777.00. Next Vision Stabilized Systems (TASE:NXSN) added 3.86%, or 720.00 points, closing at 19,360.00. Teva Pharmaceutical Industries Ltd (TASE:TEVA) rose 3.18%, or 430.00 points, to end the day at 13,970.00.

On the downside, Palo Alto Networks Inc (TASE:CYBR) posted the largest drop among TA 35 constituents, falling 4.46% or 4,750.00 points to close at 101,850.00. Menora Mivtachim Holdings Ltd (TASE:MMHD) declined 3.66%, a 1,880.00-point fall to 49,450.00, while Harel (TASE:HARL) lost 3.12% or 580.00 points to finish at 18,030.00.

Market breadth on the Tel Aviv Stock Exchange was negative at the session close, with 285 stocks declining, 179 advancing and 92 finishing unchanged.

Teva Pharmaceutical shares moved to five-year highs during the session, advancing 3.18% to 13,970.00.

Commodities and currency moves accompanied equity trading. U.S. crude for December delivery rose 0.09%, up $0.08 to $86.61 a barrel. Brent crude for January delivery advanced 0.88%, an increase of $0.82, to $93.58 a barrel. By contrast, the December gold futures contract fell 3.13%, a decline of $125.35, to trade at $3,875.15 per troy ounce.

In currency markets, the U.S. dollar strengthened against the shekel, with USD/ILS up 0.66% to 3.20. The euro also rose versus the shekel, with EUR/ILS up 0.40% to 3.53. U.S. Dollar Index futures were quoted up 0.25% at 103.07.


This session combined selective sector leadership with uneven breadth: a handful of large gains among oil and healthcare-related names alongside several notable declines in financial and cybersecurity-related stocks.

Risks

  • Negative market breadth - with 285 decliners versus 179 advancers - suggests uneven participation and potential vulnerability for broader market gains.
  • Notable declines among financial and cybersecurity stocks could weigh on sector performance despite headline index gains, impacting Banking and Technology-related exposures.
  • Sharp drop in December gold futures may indicate shifts in investor positioning that could affect commodity-sensitive portfolios and related sectors.

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