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Front - Globes

Thu: Insurance, energy stocks lead rise "Israel can be a window to the Mediterranean" India signs $1.1b IAI tanker aircraft deal - report Indian co KPIT to acquire Israeli startup Cymotive Strengthening shekel nears NIS 2.90/$ threshold Wizz Air Israel hub talks break down Sakal makes shock bid to buy ZIM Israeli defense-tech co Kela raising $200m at $1.2b valuation Tue: Insurance stocks lead TASE higher Israel’s most expensive home up for sale TASE readying for big wave of IPOs this month AI ecommerce co ZyG raises $60m at $500m valuation Canadian real estate co Almadev plans TASE IPO Cisco to acquire Israeli co Astrix Security Rafael close to buying VW plant Mon: Nice lifts TASE to new record Israeli startup BridgeWise teams with Elon Musk�s X Leumi Partners invests NIS 200m in Landora Ministers approve two new combat aircraft squadrons Fri: Main indices rise, Tower surges Beilinson Hospital receives record donation for cancer research Thu: Main indices edge higher Keystone joining Hot Mobile acquisition Mekorot teams with nT-Tao on nuclear fusion Lufthansa Group suspends Israel flights until June Check Point disappoints on revenue, beats on profit SuperPlay earnout payments weigh on Playtika Tel Aviv Park HaMesila penthouse sells for NIS 55m Israeli credit card players eye potential of Wizz Air loyalty club Elon Musk to visit Israel next month
Wed: TASE jumps ahead of Shavuot holiday
Globes corre · 2026-05-20 · via Front - Globes

Tower rebounded strongly while Azrieli fell after disappointing first quarter results. The market reopens Monday after the Shavuot holiday.

The Tel Aviv Stock Exchange rose sharply today. The Tel Aviv 35 Index rose 1.94% to 4,393.15 points, the Tel Aviv 125 Index rose 1.73% to 4,325.86 points; and the BlueTech Global Index rose 0.79% to 688.11 points. The TelBond 60 Corporate Bond Index rose 0.09% 423.84 points. Turnover totaled NIS 4.98 billion in equities and NIS 7.76 billion in bonds.

The market reopens Monday after the Shavuot holiday.

On the foreign exchange market, the representative shekel-dollar rate was set 0.413% higher from Tuesday, at NIS 2.92/$, and the representative shekel-euro rate was set 0.18% higher, at NIS 3.387/€.

Bank Leumi (TASE: LUMI) led the market today, rising 1.77% on the day’s biggest trading turnover. Mizrahi Tefahot Bank rose 1.51%, Bank Hapoalim (TASE: POLI) rose 2.60% and Israel Discount Bank (TASE: DSCT) rose 2.95%.

Chip companies rebounded strongly after yesterday’s heavy losses. Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) rose 10.75% for the biggest gain on the Tel Aviv 35 Index today.Camtek (Nasdaq: CAMT; TASE: CAMT) rose 3.29% and Nova Ltd. (Nasdaq:NVMI; TASE:NVMI) rose 4.84%. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 1.62% and Enlight Renewable Energy (Nasdaq: ENLT; TASE: ENLT) rose 2.74%.

Azrieli Group (TASE: AZRG) fell 4.39% for the biggest fall on the Tel Aviv 35 Index after reporting disappointing first quarter results. Nice (Nasdaq: NICE; TASE:NICE) fell 3.05% and Next Vision (TASE: NXSN) fell 2.92%.

Outside of the Tel Aviv 35 Index, El Al Israel Airlines Ltd. (TASE:ELAL) rose 8.24% after reporting its first quarter results.

Published by Globes, Israel business news - en.globes.co.il - on May 20, 2026.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2026.