Israeli markets closed on Monday, November 24, with a powerful rebound across the equity landscape. Major indices posted broad gains, reflecting a renewed appetite for risk after several sessions of heightened volatility. Robust trading volume and overwhelmingly positive breadth signaled strong investor confidence despite ongoing global macro uncertainty.

Blue-Chip Index Posts Impressive Gains on Strong Participation

The TA-35 climbed 1.53% to 3,371.41 points, marking a sharp shift in sentiment following last week’s declines. Market breadth was notably strong, with 29 advancing stocks compared to just 6 decliners. Turnover reached ₪3.73 billion, underscoring heightened institutional engagement. Investors rotated back into large-cap names across technology, financials, and industrials, likely encouraged by stabilizing global market conditions and improving expectations for monetary policy outlooks. The solid advance in heavyweight shares suggests growing confidence that the Israeli economy remains resilient in the face of external headwinds. With multiple sectors contributing to the rally, the TA-35’s performance reflects broad-based conviction rather than a narrow technical rebound.

Mid-Caps Lead the Upswing as Broader Market Sentiment Strengthens

The TA-90 index outperformed the large-cap benchmark with a 1.67% gain, closing at 3,566.38. Market breadth was overwhelmingly positive, with 65 stocks rising and only 23 declining. Mid-caps, which are typically more sensitive to domestic sentiment, appear to be benefiting from increased optimism about local business conditions and consumer stability. The TA-90 & Banks index also rose 1.00%, fueled by renewed demand for financial shares. Bank stocks have been closely tied to expectations around credit conditions and economic momentum, and today’s strong performance suggests improving investor confidence in the sector’s profitability outlook. The broader TA-125 gained 1.53%, with 94 advancers versus just 29 decliners—a clear sign of widespread buying interest. Value-oriented equities also participated in the rally, with the TA-125 Value Index rising 1.57%, indicating that investors are positioning across both growth and value segments rather than focusing on a narrow subset of the market.

Bond Market Displays Mixed Results as Investors Adjust Positioning

While equities surged, the bond market delivered a more nuanced performance. Short-term bonds inched higher, with the Short-Term Bond Index rising 0.01% on balanced breadth. This suggests continued demand for defensive instruments even amid improved sentiment. However, the broader All-Bond General Index slipped 0.01%, reflecting mild selling across longer-duration or higher-sensitivity debt segments. Inflation-linked bonds also traded lower: Tel-Bond Linked A declined 0.08%, and Tel-Bond 60 Linked dipped 0.05%. These moves may indicate investors repositioning toward risk assets or reassessing inflation expectations ahead of upcoming economic announcements. Despite the softer tone in some segments, bond trading volume remained strong at over ₪3.78 billion, demonstrating sustained interest across the fixed-income market.

The strong upside momentum seen today sets the stage for an important week as investors look for confirmation that this rebound can continue. Market participants will be watching global rate signals, local economic data, and geopolitical developments to gauge the sustainability of the rally. Opportunities may emerge in both large-cap and mid-cap segments if buying momentum persists, but risks remain tied to potential policy shifts, earnings outlook revisions, and external market volatility. Staying attentive to sector rotation, liquidity patterns, and bond-yield movements will be essential as the next catalysts shape Israel’s market direction.