Stock Markets June 11, 2026 10:55 AM

Tel Aviv stocks close higher as TA-35 gains 1.69% led by real estate, insurance and communications

Broad advance on Tel Aviv exchange; several large-cap tech and defence names among top risers as volume of advancing issues outpaces decliners

By Derek Hwang
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ESLT TSEM

Israel's equity benchmark finished higher on Thursday, with the TA-35 rising 1.69% at the close. Gains were led by companies in Real Estate, Insurance and Communications, while more names advanced than declined across the Tel Aviv Stock Exchange. Energy and precious metals futures showed mixed moves, and major FX pairs against the shekel fell.

Tel Aviv stocks close higher as TA-35 gains 1.69% led by real estate, insurance and communications
ESLT TSEM
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Key Points

  • TA-35 closed up 1.69% at the Tel Aviv market close, led by Real Estate, Insurance and Communication sectors.
  • Top individual gains on the TA-35 were Mega Or (MGOR) +6.72%, Elbit Systems (ESLT) +6.46%, and Tower Semiconductor (TSEM) +6.16%.
  • Market breadth was positive with 316 advancing stocks, 161 decliners and 80 unchanged; commodities and FX showed mixed results, including crude at $90.11 and gold futures at $4,097.00 per troy ounce.

Israel's main equities benchmark ended the trading day in positive territory on Thursday, as the TA-35 rose 1.69% at the close in Tel Aviv. The market advance was driven by strength in the Real Estate, Insurance and Communication sectors, which supported a larger number of gaining stocks than decliners.

At the close, the session's top performers on the TA-35 included Mega Or (TASE:MGOR), which climbed 6.72% - an increase of 3,930.00 points - to finish at 62,400.00. Defence and technology name Elbit Systems Ltd (TASE:ESLT) added 6.46%, rising 15,840.00 points to close at 261,100.00, while Tower Semiconductor Ltd (TASE:TSEM) advanced 6.16% or 4,280.00 points to reach 73,770.00.

On the downside, Navitas Petroleum LP Unit (TASE:NVPTp) was the session's weakest performer among the listed names, slipping 1.54% or 200.00 points to end at 12,790.00. Camtek Ltd (TASE:CAMT) declined 1.39%, a drop of 720.00 points to 51,090.00, and NICE Ltd (TASE:NICE) fell 1.38% or 360.00 points to close at 25,660.00.

Breadth on the Tel Aviv Stock Exchange was positive: 316 stocks closed higher, 161 declined and 80 were unchanged. That distribution accompanied the benchmark's gain and reflected the widening participation across multiple sectors.

Commodities traded with mixed outcomes. Crude oil for July delivery rose 0.09% or 0.08 to settle at $90.11 a barrel, while Brent oil for August delivery dipped 0.39% or 0.36 to $92.74 a barrel. The August Gold Futures contract posted a decline of 0.88% or 36.30, trading at $4,097.00 a troy ounce at the reported close.

In foreign exchange, the shekel strengthened against the dollar and euro. USD/ILS moved down 0.48% to 2.96, and EUR/ILS fell 0.63% to 3.41. The US Dollar Index Futures was reported up 0.31% at 100.24.


Observed market moves and the numeric outcomes above reflect the day's closing prices and percentage changes as reported for the Tel Aviv market and related commodity and FX contracts.

Risks

  • Sector concentration risk - while Real Estate, Insurance and Communication led gains, other sectors may not have participated equally, which can concentrate short-term performance in select segments.
  • Commodities and FX volatility - crude, Brent and gold futures moved differently, and changes in these markets could influence energy-linked and export-oriented sectors listed on the exchange.
  • Single-stock downside risk - notable declines in certain large-cap names, such as Navitas Petroleum LP Unit, Camtek and NICE, indicate that individual company moves can diverge from the broader market trend.

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