Stock Markets April 14, 2026 10:55 AM

Tel Aviv Benchmark Climbs to Record as Insurance and Banking Stocks Lead Gains

TA 35 closes up 1.55% with Harel and Enlight hitting all-time highs amid mixed moves in commodities and currencies

By Caleb Monroe HARL ENLT
Tel Aviv Benchmark Climbs to Record as Insurance and Banking Stocks Lead Gains
HARL ENLT

The TA 35 index closed higher Tuesday, rising 1.55% to reach a new record high as gains in the Insurance, Financials and Banking sectors supported the advance. Harel and Enlight Renewable Energy were among the session's top performers, each reaching all-time highs, while a smaller group of stocks, including Next Vision and Delek Group, declined. Commodity and currency markets moved notably, with crude oil and Brent prices falling and gold futures rising.

Key Points

  • TA 35 closed up 1.55%, marking a new all-time high for the index.
  • Insurance, Financials and Banking sectors led the advance; Harel and Enlight reached all-time highs.
  • Commodities and currencies moved: crude oil and Brent fell, gold futures rose, and the shekel strengthened against the dollar and euro.

Israel's main stock index finished the session higher on Tuesday, led by strength in the Insurance, Financials and Banking sectors that helped push the TA 35 to a fresh all-time closing high. The benchmark closed up 1.55%.

Among individual movers, Harel (TASE:HARL) posted the largest gain on the TA 35, climbing 6.26% - a rise of 1,140.00 points - to finish the day at 19,360.00. Fattal 1998 Holdings Ltd (TASE:FTAL) added 5.78%, gaining 3,600.00 points to close at 65,900.00. Renewable energy firm Enlight Renewable Energy Ltd (TASE:ENLT) rose 4.79% - up 1,110.00 points - to end the session at 24,300.00.

On the downside, Next Vision Stabilized Systems (TASE:NXSN) recorded the steepest drop on the index, falling 7.04% or 2,090.00 points to 27,600.00 at the close. Delek Group (TASE:DLEKG) slid 4.25%, a loss of 4,500.00 points, to finish at 101,500.00. ICL Israel Chemicals Ltd (TASE:ICL) fell 2.42% or 40.00 points to trade at 1,610.00.

Market breadth favored advances: rising issues outnumbered decliners on the Tel Aviv Stock Exchange by 291 to 185, while 76 shares finished unchanged. The session saw two TA 35 constituents reach record highs, with both Harel and Enlight noted as having achieved all-time intraday or closing levels.


Commodities and currencies showed notable movement alongside equities. Crude oil for May delivery declined 5.72%, down $5.67 to $93.41 a barrel. Brent oil for June delivery fell 3.64%, a drop of $3.62, to $95.74 a barrel. Precious metals moved in the opposite direction, with the June Gold Futures contract rising 1.27% - up $60.35 - to trade at $4,827.75 a troy ounce.

In currency markets, the shekel strengthened against the dollar and euro. USD/ILS fell 0.85% to 3.01, while EUR/ILS declined 0.41% to 3.55. The US Dollar Index Futures was lower by 0.40%, trading at 97.77.

The session's performance highlighted concentrated sector leadership from insurance, financial and banking stocks that helped lift the broader market to a record close, while selected industrial and energy-related names moved lower. Commodity price declines in oil and the strengthening shekel were notable cross-market developments during the trading day.

Risks

  • Significant declines in individual names - such as Next Vision and Delek Group - indicate stock-specific downside risk that can impact sector performance, particularly in industrials and energy.
  • Volatility in commodity markets, shown by sizable drops in crude and Brent prices, may create uncertainty for energy-related sectors and companies tied to commodity cycles.
  • Currency moves - a stronger shekel versus the dollar and euro - could affect exporters and firms with significant foreign-currency exposure.

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