Stock Markets March 5, 2026

Tel Aviv Stocks Close Higher as TA 35 Reaches Record Level

Technology, real estate and communications lead gains while oil climbs and the shekel edges weaker

By Marcus Reed NICE TEVA
Tel Aviv Stocks Close Higher as TA 35 Reaches Record Level
NICE TEVA

Israel's equity market finished higher on Thursday, led by strength in technology, real estate and communications sectors. The benchmark TA 35 rose 1.07% to a new all-time high, with several large-cap names posting double-digit point gains. Commodities and currency markets showed notable moves, as crude oil surged and the US dollar strengthened against the shekel.

Key Points

  • TA 35 rose 1.07% to close at a new all-time high, driven by gains in Technology, Real Estate and Communication sectors.
  • Top performers included NICE, Delek Group and Fattal 1998 Holdings, while Teva, Leumi and Tower Semiconductor were among the largest decliners.
  • Commodities and FX saw notable moves: April crude oil rose to $79.02/barrel, Brent to $84.52/barrel, gold futures fell, and USD/ILS strengthened to 3.08.

Israel shares advanced at the close on Thursday, with gains concentrated in the Technology, Real Estate and Communication sectors propelling the broader market upward.

The TA 35 index finished the session up 1.07% and set a fresh all-time high at the close in Tel Aviv.

Top movers

The session's strongest performers on the TA 35 included NICE Ltd (TASE:NICE), which climbed 5.80% - an increase of 2,270.00 points - to finish at 41,420.00. Delek Group (TASE:DLEKG) gained 5.65%, or 5,990.00 points, closing at 112,040.00. Fattal 1998 Holdings Ltd (TASE:FTAL) rose 5.55% - up 3,440.00 points - to end the day at 65,400.00.

Lagging names

On the downside, Teva Pharmaceutical Industries Ltd (TASE:TEVA) fell 1.99%, or 200.00 points, to trade at 9,860.00 at the close. Bank Leumi (TASE:LUMI) declined 1.99%, losing 155.00 points to finish at 7,633.00. Tower Semiconductor Ltd (TASE:TSEM) slipped 1.95%, down 760.00 points, to 38,240.00.

Advancing issues outnumbered decliners on the Tel Aviv Stock Exchange by 350 to 129, while 70 issues ended unchanged.

Notably, shares of Delek Group rose to five-year highs during the session, increasing 5.65% - or 5,990.00 points - to reach 112,040.00.

Commodities and currencies

Energy markets registered sizable gains: crude oil for April delivery rose 5.84%, or $4.36, to $79.02 a barrel. Brent crude for May delivery advanced 3.83%, or $3.12, to $84.52 a barrel. In metals, the April Gold Futures contract fell 0.55%, or $28.29, settling at $5,106.41 a troy ounce.

On the currency front, USD/ILS increased 0.54% to 3.08. EUR/ILS moved 0.06% to 3.57, effectively unchanged on the day. The US Dollar Index Futures gained 0.51% to 99.24.


Market takeaway

The close reflected broad-based participation in the rally, with technology, real estate and communications sectors among the primary contributors to the TA 35's record finish. Commodity and currency moves were also prominent features of the trading session.

Risks

  • Elevated crude oil prices may increase costs or volatility for energy-exposed sectors and broader market sentiment.
  • Movements in foreign exchange rates, including a stronger US dollar versus the shekel, could affect importers, exporters and companies with dollar-denominated exposures.
  • Concentration of gains in a handful of sectors or names leaves the market susceptible to sector-specific reversals, as evidenced by a mix of strong advancers and notable decliners.

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