The Tel Aviv-35 declined 0.53% to close at 4,037.36, with 17 securities decreasing and 18 advancing. Turnover reached approximately NIS 2.87 billion, measured in thousands of NIS in the reported data.

The benchmark’s decline contrasted with the modest gains recorded by several broader indexes, including the Tel Aviv-90 and Tel Aviv-125. The nearly balanced number of advancing and declining securities also reflected mixed performance among the index constituents.

The session highlighted differences between the largest listed companies and other segments of the Israeli equity market. Although the benchmark finished lower, the broader market did not experience uniform declines.

Tel Aviv-90 and Tel Aviv-125 Record Modest Gains

The Tel Aviv-90 advanced 0.23% to 3,584.39, with 52 securities increasing and 34 declining. Trading turnover reached approximately NIS 1.11 billion, indicating continued activity across the index constituents.

The Tel Aviv-125 recorded a smaller gain of 0.04%, closing at 3,937.93. Its constituent performance showed 70 advancing securities against 51 declining securities, while turnover reached approximately NIS 3.97 billion.

The positive performance of these benchmarks contrasted with the decline in the Tel Aviv-35. Their gains, although limited, demonstrated that broader segments of the market managed to finish higher despite weakness in the leading benchmark.

Small-Cap Stocks Face Greater Pressure

The Tel Aviv-SME60 recorded the steepest decline among the listed indexes, falling 1.17% to 1,195.49. The index registered 47 declining securities compared with only 13 advancing securities, indicating a clear imbalance in constituent performance.

Turnover reached approximately NIS 202.61 million, making it the lowest turnover figure among the listed indexes. The combination of a broader number of declining securities and the largest percentage loss distinguished the SME60 from the stronger-performing benchmarks.

The Tel Aviv-20 also finished lower, declining 0.50% to 3,823.56. Its constituent performance showed 11 declining securities and eight advancing securities, adding to the evidence of weakness in selected market segments.

Banking and Broader Market Indexes Remain Positive

The Tel Aviv-90 and Banks index advanced 0.27% to 3,801.40, with 54 securities increasing and 37 declining. Turnover reached approximately NIS 1.64 billion.

The Tel Aviv-200 gained 0.26% to 3,775.49, despite recording more declining securities than advancing ones, with 108 decreases against 85 increases. Its turnover reached approximately NIS 4.04 billion, the highest figure among the listed indexes.

The Tel Aviv Sector-Balance index also finished higher, gaining 0.13% to 4,491.60. It recorded 54 advancing securities and 42 declining securities, while turnover reached approximately NIS 3.61 billion.

These results demonstrate that positive index performance was not necessarily accompanied by a majority of advancing securities, as illustrated by the Tel Aviv-200. Index movements and constituent breadth therefore provided different perspectives on the session.

Market Snapshot

The Tel Aviv-35 closed at 4,037.36, down 0.53%, while the Tel Aviv-90 advanced 0.23% to 3,584.39. The Tel Aviv-125 gained 0.04% to 3,937.93, and the Tel Aviv-SME60 declined 1.17% to 1,195.49. The Tel Aviv-90 and Banks index rose 0.27% to 3,801.40, while the Tel Aviv-200 advanced 0.26% to 3,775.49. The Tel Aviv Sector-Balance index gained 0.13% to 4,491.60, and the Tel Aviv-20 declined 0.50% to 3,823.56.

Market Outlook

The next sessions will help determine whether the weakness in the Tel Aviv-35 and SME60 continues or whether these indexes stabilize. Investors will also be watching the performance of the Tel Aviv-90 and Tel Aviv-125 to assess whether broader market strength can persist despite pressure in selected segments.

Trading turnover and the balance between advancing and declining securities will remain important indicators of market participation. The contrast between the positive performance of several broader indexes and the declines in the leading benchmark and smaller-cap segment suggests that market direction remains uneven.

Closing Insights

The Israeli equity market delivered a mixed performance, with the Tel Aviv-35 declining 0.53% and the SME60 falling 1.17%, while the Tel Aviv-90, Tel Aviv-125, Tel Aviv-200, and banking-related index finished higher. Trading activity was concentrated in broader benchmarks, particularly the Tel Aviv-200 and Tel Aviv-125, which recorded the highest turnover figures.

For investors assessing Israeli market exposure, the key consideration is the divergence between the major benchmarks and smaller-cap stocks. Monitoring constituent breadth, trading turnover, and sector-level performance will help clarify whether the positive momentum in broader indexes can offset continued weakness in selected segments.