As of 10:00 AM on Tuesday, June 17, 2025, the Tel Aviv Stock Exchange (TASE) opened with mixed trends across major indices. While key benchmark indexes such as TA-35 and TA-125 posted modest gains, other segments like TA-90 and short-term bonds showed slight declines, reflecting cautious investor sentiment amid global economic uncertainties.

TA-35 Index Leads with a 0.20% Rise

The TA-35 index, representing the 35 largest companies on the exchange, climbed by 0.20%, reaching 2,761.57 points. With a total trading cycle of NIS 121.16 million, the index showed strong upward momentum. Among the components, 26 securities recorded gains, while 5 declined and 4 remained unchanged. The strong performance of this index indicates renewed confidence in blue-chip Israeli stocks.

TA-125 and Sector-Balance Also in Positive Territory

The broader TA-125 index rose by 0.11%, reaching 2,790.35 points, on a trading turnover of NIS 126.31 million. It reported 33 gainers, 11 decliners, and 81 unchanged securities, showcasing relatively balanced market breadth.

Meanwhile, the TA-Sector Balance Index ticked up by 0.09% to 3,153.33 points, backed by NIS 124.87 million in trades. With 32 stocks rising and 10 falling, this index showed a slight positive skew, especially in diversified sectors.

The TA-125 Value Index, which tracks value-oriented shares, posted a 0.19% increase to 3,061.27 points, fueled by a NIS 63.96 million turnover. This signals growing interest in undervalued stocks with strong fundamentals.

TA-90 and Midcaps Slide

In contrast, the TA-90 index, which includes mid-cap companies, dropped 0.18% to 2,927.81 points. Trading volume was significantly lower at NIS 5.15 million, reflecting investor hesitation in the mid-cap segment. Only 7 stocks advanced, while 6 declined, and a large portion (77 securities) remained unchanged, indicating subdued activity in this category.

Similarly, the TA-90 and Banks Index, which combines mid-cap and banking stocks, edged down by 0.06%, landing at 3,077.57 points. With a trading cycle of NIS 47.76 million, the index saw 11 gainers and 7 decliners, mirroring cautious moves in financials.

Bond Markets Show Stability with Minor Fluctuations

The All-Bond General Index, a comprehensive indicator for the Israeli bond market, slipped 0.01% to 400.09 points on NIS 5.31 million in volume. Despite the minimal change, the index had 21 securities up, 14 down, and a large number (444 securities) unchanged, reflecting overall bond market stability.

The Tel Bond-Adjoined A Index ticked up slightly by 0.01% to 405.33 points, based on a modest cycle of NIS 270K, with 2 securities gaining, 1 declining, and 78 unchanged.

The Short-Term Bond Index (up to one year) decreased by 0.01%, standing at 453.68 points, with NIS 1.29 million in trading volume. Only 1 bond rose, 2 fell, and 23 stayed the same, showing restrained investor movement in short-duration bonds.

Market Sentiment: Cautious Optimism Amid Global Uncertainty

The mixed performance across TASE indices today reflects cautious optimism among investors. Gains in large-cap stocks and value shares suggest some confidence in Israel’s economic resilience, while declines in midcaps and short-term debt instruments point to a wait-and-see attitude.

Factors likely influencing the market include:

• Global interest rate speculation ahead of the U.S. Federal Reserve meeting.
• Ongoing geopolitical developments in the region.
• Economic indicators expected later in the week, including inflation and employment data.

Summary

Investors are advised to monitor developments closely and stay updated with economic forecasts, which may shape market direction in the coming days.