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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: Strong Teva gains lift TASE Aidoc raises $150m to prevent diagnostic errors Banks' efficiency drives spark worker unrest Teva acquires Emalex Biosciences for up to $900m Gasoline prices to rise again Thursday night Deputy budget commissioner warns on �trauma economy� Tue: Chip stocks fall sharply Israel drops key demand on Wizz Air hub Gedera house sells for NIS 5.53m Huge Crusoe Afula deal boosts Israel’s data centers sector Quantum Art extends Series A financing to $140m "Globes" poll of polls shows Beyachad brings opposition no gain Mon: TASE opens week lower Nvidia leases space for labs in Rishon Lezion Shekel-sterling rate heading below NIS 4/£ Shapir mulls buying control of Ashdod Refinery for NIS 1b Banks ask court to declare Nochi Dankner bankrupt Strong semiconductor sentiment boosts Ceva Yair Lapid and Naftali Bennett merge parties Supreme Court orders financial sanctions for draft evaders Israeli tech employees hold stock options worth NIS 150b Home price gap narrows between Tel Aviv and nearby cities Meta to lay off 100 employees in Israel Fri: Banks weaken, Intel results lift Camtek EU regulator extends advisory not to fly to Israel Lyft buys Gett's London taxi-hailing operation Thu: Energy stocks surge, Tower slides Mobileye up sharply after beating analysts on Q1 Cyera buys Israeli startup Ryft for over $100m Israir to launch Israel-US flights in summer Ondas Israel unit to protect World Cup venues from drones Elbit awarded $200m IDF airborne munitions deal Study: IDF Talpiot program excels in producing entrepreneurs Israel's population grew 1.4% over past year Mon: Teva, Enlight boost TASE Ondas wins $10m tender to clear mines in Israel Ramat Gan house sells for NIS 8.4m Is it time to buy dollars? Petition revives threat to Israel-EU trade El Al to launch subsidized Tel Aviv - Buenos Aires flights AWS extends Ichilov AI medical collaboration Elbit drones to undergo Canadian trials - report Activist investors seek to oust Radcom board Two-minute EV charging coming to Israel Businessman buys 5 Tel Aviv apartments in Dou project Fri: Construction sector powers rise Mega Or buys Alliance Tire site in Hadera for NIS 1b cash El Al orders six more Dreamliners Thu: Big banks, Elbit lead falls Gov't Cos Authority recommends splitting NTA Nofar Energy plans to dual list on Nasdaq New immigrants buy Tel Aviv seafront home for NIS 70m Shekel’s strength hits Israelis investing in US Israel’s enhanced F-35s performed impressively in Iran war ZIM CEO Eli Glickman quits over failed bid eToro buys Israeli startup Zengo for $70m Israel’s CPI rose 0.4% in March Strong shekel wipes out sovereign wealth fund returns Shekel-dollar rate dips below NIS 3/$ Apartment overlooking Jerusalem's Old City sells for NIS 66.3m Hamburger family sells Harel shares for NIS 1.2b AlphaDrive Ventures launches $100m cybersecurity VC fund Yossi Abu steps down as NewMed Energy CEO Surround Ventures completes first closing of second fund Fortissimo sells 35% Sugat stake for NIS 430m Institutions' hedging changes lie behind shekel's strength EDF closes financing for Israel’s biggest solar energy field Check Point slumps on lower guidance Israeli startups raised $1.3b in April Turpaz buys US co in largest ever acquisition
Tue: Banks drag TASE down after rate cut
Globes corre · 2026-05-26 · via Front - Globes

The Banking Index fell 3.5% today after yesterday’s interest rate cut while Elbit and Enlight bucked the market.

The Tel Aviv Stock Exchange fell today, led by the Banking Index, which was down 3.5% after yesterday’s interest rate cut. The Tel Aviv 35 Index fell 0.96% to 4,483.96 points, the Tel Aviv 125 Index fell 1.01% to 4,419.71 points; but the BlueTech Global Index rose 0.15% to 712.95 points. The TelBond 60 corporate bond index fell 0.05%, to 424.74 points Turnover totaled NIS 5.39 billion in equities and NIS 7.46 billion in bonds.

On the foreign exchange market, the representative shekel-dollar rate was set down 1.651% from Thursday, before the Shavuot holiday, at NIS 2.859/$, and the representative shekel-euro rate was set 1.571% lower, at NIS 3.326/€.

Bank Leumi (TASE: LUMI) fell 3.30% and Mizrahi Tefahot Bank fell 3.69%. Bank Hapoalim (TASE: POLI) fell 3.47% and Israel Discount Bank (TASE: DSCT) fell 3.81%.

Phoenix Finance (TASE: PHOE) fell 3.97% for the biggest fall on the Tel Aviv 35 Index today. Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) fell 2.26% and Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 3%.

Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) led the market today, rising 9.5% on the day’s biggest trading turnover, for the biggest rise on the Tel Aviv 35 Index, after reporting strong first quarter results. Enlight Renewable Energy (Nasdaq: ENLT; TASE: ENLT) rose 6.36%, Next Vision (TASE: NXSN) rose 1.79% and Mega Or Holdings (TASE: MGOR) rose 1.71%.

Published by Globes, Israel business news - en.globes.co.il - on May 26, 2026.

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