The Tel Aviv Stock Exchange (TASE) opened Thursday’s session (November 6, 2025) in positive territory, supported by gains across leading blue-chip and mid-cap indices. Investor sentiment appeared balanced as market participants assessed global monetary policy trends, corporate earnings, and local macroeconomic signals. The session unfolded with light-to-moderate turnover, highlighting a measured approach among institutional and retail traders.

Equities: Blue Chips Extend Gains on Stable Momentum

The benchmark TASE-35 index climbed 0.42% to 3,364.93 points, buoyed by strength in the financial and technology sectors. Out of the 35 listed components, 25 advanced, 9 declined, and 1 remained unchanged. The index’s total turnover reached 236.8 million shekels, signaling continued liquidity in large-cap names despite broader market caution.

Similarly, the TASE-90 index added 0.41% to 3,632.13 points, with 58 stocks rising against only 7 decliners. The TASE-125 composite followed suit, rising 0.42% to 3,424.38 points, while its value-weighted counterpart, the TA-125 Value Index, edged 0.13% higher to 3,862.33 points. Overall, 83 companies within the broader index gained, compared with 16 losers and 25 unchanged.

The strongest performance came from the TASE Banks & 90 Index, which advanced 0.45% to 3,716.46 points, underscoring continued confidence in the financial sector. Bank shares remained a stabilizing force for the exchange, supported by steady earnings forecasts and investor expectations of potential rate adjustments by the Bank of Israel in early 2026.

Fixed-Income Market: Mixed Trends Reflect Uncertainty

In the bond market, trading remained relatively subdued, with total daily turnover of about 22.4 million shekels. The All-Bond General Index was unchanged at 418.56 points, indicating steady investor appetite for fixed-income exposure amid global interest-rate stability.

Short-term government bonds, represented by the Short Bond Index, held flat at 462.61 points. The TLV Bond 60 Linked Index rose marginally by 0.02% to 413.40 points, while the TLV Bond-Linked A Index dipped slightly by 0.02% to 419.63 points. The narrow movements reflected ongoing market caution as investors balanced inflation expectations with potential rate normalization trends.

Market analysts noted that Israeli bond yields remain sensitive to shifts in U.S. Treasury rates and inflation data, particularly as the Bank of Israel continues to align its monetary strategy with broader global conditions.

Trading Activity and Market Sentiment

Overall market turnover in equities reached approximately 283.5 million shekels, while bond trading volume totaled about 22.4 million shekels. The distribution of activity—heavier in equities than in bonds—suggests a gradual return of risk appetite among investors, although the tone remains cautious.

Sectoral analysis pointed to renewed interest in balanced and diversified portfolios, as seen in the TA Sector-Balance Index, which rose 0.46% to 4,005.81 points. The index recorded 70 advancing securities versus 12 decliners, supported by cyclical sectors and selective defensive plays.

Institutional investors continue to focus on blue-chip stability and dividend yields, while retail traders have shown selective participation in mid-cap growth stocks. The market’s overall tone reflects a “wait-and-see” posture amid uncertain global growth forecasts and volatile commodity prices.

Looking ahead, the Tel Aviv market’s direction will likely depend on upcoming macroeconomic data, including U.S. inflation figures and Israeli employment and housing reports expected next week. Traders will also monitor the Bank of Israel’s commentary for any indications of rate path adjustments. Globally, geopolitical developments and energy price fluctuations remain potential catalysts for volatility.

For investors, key areas to watch include liquidity flows into financials, resilience in the technology sector, and signals from the bond market regarding inflation expectations. While today’s early-session gains suggest stability, the broader outlook remains contingent on both domestic fiscal policy and international economic sentiment.