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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
Fri: ICL, Mega Or continue surge
Globes corre · 2026-05-10 · via Front - Globes

The main indices rose on Friday despite weakness in the big two banks.

The main indices on the Tel Aviv Stock Exchange rose on Friday, as a resumption of hostilities with Iran began to look less likely. The Tel Aviv 35 Index rose 1.00%, to 4,514.42 points; the Tel Aviv 125 Index rose 0.75%, to 4,476.59 points; and the BlueTech Global Index rose 1.07%, to 727.46 points. The TelBond 60 corporate bond index rose 0.05%, to 422.80 points. Turnover totaled NIS 3.88 billion in equities and NIS 3.26 billion in bonds.

In the sectoral indices, the strongest rise was in the Tel Aviv Chemical Rubber and Plastic Shares and Convertibles Index, up 5.09%.

On the foreign exchange market, the representative shekel-US dollar exchange rate was unchanged, at NIS 2.9070/$, and the representative shekel euro rate was set 0.11% lower, at NIS 3.4186/€.

Bank Leumi led trading today, and fell 1.32%. Bank Hapoalim fell 1.33%; Enlight rose 4.60%; Tower Semiconductor, benefiting from a renewed rally in semiconductor stocks in New York rose 4.94%; and ICL rose 6.13%, continuing its strong form from Thursday, following analyst recommendations for the stock.

Notable advancers on Friday were Mega Or, a newcomer to the Tel Aviv 35 Index, up 7.75%, making it a 130% rise for the year to date; and ICL parent company Israel Corporation, up 6.33%. Keystone Infra, which was promoted to the Tel Aviv 90 Index and rose 20% on Thursday, fell 11.68%, Wesure Global fell 5.32%, Alony Hetz fell 4.62%. Econergy fell 4.16%, and Gilat Satellite Communications fell 4.06%.

Published by Globes, Israel business news - en.globes.co.il - on May 10, 2026.

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