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Front - Globes

"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 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
Thu: Insurance, energy stocks lead rise
Globes correspondent · 2026-09-05 · via Front - Globes

The main indices rose strongly today following the ceasefire with Iran. Insurance and energy stock stood out, while the software sector was weak.

Following the ceasefire between the US and Iran, the main indices on the Tel Aviv Stock Exchange rose strongly today. The Tel Aviv 35 Index rose 2.64%, to 4,360.40 points; the Tel Aviv 125 Index rose 2.39%, to 4,255.83 points; and the BlueTech Global Index rose 0.39%, to 688.09 points. The TelBond 60 corporate bond index rose 0.18%, to 416.80 points. Turnover totaled NIS 6.13 billion in equities and NIS 6.84 billion in bonds.

The insurance sector was particularly strong today, and the Tel Aviv Insurance Index rose 7%.

On the foreign exchange market, the representative shekel-US dollar exchange rate was set 1.75% lower, at NIS 3.0870/$, and the representative shekel euro rate was set 0.78% lower, at NIS 3.6050/€.

Bank Leumi led trading today, and rose 0.83%. Tower Semiconductor rose 2.02%; Bank Hapoalim rose 1.71%, Elbit Systems rose 2.09%; and Phoenix financial rose 7.30%.

Notable advancers today were Meshek Energy, up 9.78%; Clal Insurance, up 9.15%; NewMed Energy, up 8.86% after announcing a deal for the sale of gas from the Aphrodite field in Cyprus, in which it has a 30% holding, to Egypt; Nova, up 8.00%; and Camtek, up 7.72%.

Nice fell 8.81% and Formula fell 7.11%, amid general weakness in the software sector. G City fell 6.40%, and Electra Consumer Products fell 5.75%.

Published by Globes, Israel business news - en.globes.co.il - on April 9, 2026.

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