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Front - Globes

Thu: Insurance, energy stocks lead rise "Israel can be a window to the Mediterranean" Google Finance AI beta version launches in Israel 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 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: Insurance stocks lead TASE higher
Globes corre · 2026-05-06 · via Front - Globes

Migdal reported the biggest gain on the Tel Aviv 35 Index today as Nice gave up some of yesterday’s huge gains.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.48% to 4,525.69 points, the Tel Aviv 125 Index rose 0.91% to 4,481.04 points; and the BlueTech Global Index rose 0.34% to 725.47 points. The TelBond 60 corporate bond index rose 0.19%, to 420.98 points. Turnover totaled NIS 4.67 billion in equities and NIS 4.79 billion in bonds.

On the foreign exchange market, the representative shekel-dollar rate was set 0.608% lower from Monday, at NIS 2.944/$, and the representative shekel-euro rate was set 0.704% lower, at NIS 3.442/€.

Insurance stocks led the gains today. Migdal Insurance and Financial Holdings (TASE: MGDL) rose 6.55% for the biggest rise on the Tel Aviv 35 Index today. Harel Insurance Investments and Financial Services (TASE: HARL) rose 2.58%, Menora Mivtachim Holdings (TASE: MMHD) rose 2.62% and Phoenix Financial (TASE: PHOE) rose 2.95%.

Camtek (Nasdaq: CAMT; TASE: CAMT) rose 4.47% and Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) rose 2.81%. Y.H. Dimri Construction & Development (TASE: DIMRI) rose 3.83% and Amot Investments (TASE: AMOT) rose 6.39%.

Bank Leumi (TASE: LUMI) led the market today, falling 2.08% on the day’s biggest trading turnover. Bank Hapoalim (TASE: POLI) fell 0.67%, Israel Discount Bank (TASE: DSCT) fell 2.32% and Mizrahi Tefahot Bank fell 1.86%.

Nice (Nasdaq: NICE; TASE:NICE) fell 3.3% for the biggest fall on the Tel Aviv 35 Index today, giving up some of yesterday’s huge gains. Enlight Renewable Energy (Nasdaq: ENLT; TASE: ENLT) fell 2.11% and Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 1.33%.

Published by Globes, Israel business news - en.globes.co.il - on May 5, 2026.

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