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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
Tue: TA 125 down 10% from peak
Globes correspondent · 2026-06-24 · via Front - Globes

The session opened on sharp falls in the main indices which moderated as it wore on, but the Tel Aviv 125 Index still closed in market correction territory.

The main indices on the Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.10%, to 4,143.61 points; the Tel Aviv 125 Index fell 0.14%, to 4,061.34 points; and the BlueTech Global Index fell 0.77%, to 662.01 points. The TelBond 60 corporate bond index rose 0.28%, to 426.33 points. Turnover totaled NIS 5.56 billion in equities and NIS 6.05 billion in bonds.

The market opened on much sharper declines, which moderated as the session wore on. The Tel Aviv 125 Index, however, still marked a downward correction of over 10% since its last peak, the first time this has happened since October 2023.

Among sector indices, the Tel Aviv Biomed Index rose 2.09%, the Tel Aviv Energy Utilities Index rose 1.12%, the Tel Aviv Consumption Index fell 1.06%, the Tel Aviv Construction Index fell 1.02%, and the Tel Aviv Technology Index fell 1.01%.

On the foreign exchange market, the representative shekel-US dollar exchange rate was set 0.84% higher, at NIS 2.9910/$, and the representative shekel euro rate was set 0.36% higher, at NIS 3.4114/€.

Bank Leumi led trading today, and rose 0.41%. Tower Semiconductor fell 1.21%; Bank Hapoalim rose 0.99%; Mizrahi Tefahot Bank fell 0.61%; and Phoenix Financial closed flat.

Notable advancers today were Opko Health, up 7.76%; El Al, up 4.95%; Teva, up 4.90%; and Bazan, up 4.45%. Camtek fell 10.81%, Camtek’s parent company Priortech fell 7.47%, Qualitau fell 5.93%, and Nova fell 4.39%.

Published by Globes, Israel business news - en.globes.co.il - on June 23, 2026.

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