Tel Aviv stocks are continuing their recovery, with all eight major benchmarks in the supplied market data trading higher. The gains are accompanied by broadly positive market breadth, particularly among large and mid-cap shares, reinforcing the improvement in sentiment following the sharp market-wide declines earlier in the week.

TA-35 and TA-125 Lead a Broad Market Advance

The TA-35 is up 0.87% at 4,283.74 points, with 28 advancing securities compared with only 8 declining. The strong breadth represents a significant improvement in participation and indicates that the gain is not being driven by a narrow group of constituents. Turnover in the benchmark stands at approximately NIS 464.8 million, reflecting substantial activity during the advance.

The TA-125 is also showing solid momentum, rising 0.79% to 4,157.74 points. A total of 89 securities are advancing versus 33 declining, while turnover has reached approximately NIS 573.8 million. The broader participation across the index provides additional evidence that the recovery is extending beyond the largest companies.

The TA-90 is gaining 0.43% to 3,787.74 points, with 61 advancing securities and 25 declining. Although its percentage gain is more moderate than that of the TA-35 and TA-125, its positive breadth remains supportive of the broader market recovery.

Broader Indices and Banking Shares Maintain Positive Momentum

The TA-200 rises 0.65% to 3,999.29 points, with 127 securities advancing compared with 61 declining. Turnover reaches approximately NIS 582.1 million, the highest among the major benchmarks in the supplied data. TA Sector-Balance is the strongest performer, gaining 0.91% to 4,750.07 points, with 72 advancing securities versus 25 declining and turnover of approximately NIS 554.6 million.

The TA 90 and Banks index is also higher, gaining 0.45% to 4,074.49 points. Its breadth is notably positive, with 66 advancing securities and 25 declining, while turnover stands at approximately NIS 221.9 million. The continued strength in banking-related shares is important because financial stocks represent a significant component of the broader Tel Aviv equity market.

The TA-20 advances 0.68% to 4,142.70 points, with 17 securities rising and only 3 declining. This relatively strong breadth indicates that participation is also extending across the large-cap segment represented by the index.

Small-Cap Shares Lag as the Recovery Broadens

The TA-SME60 is also moving higher, but at a significantly slower pace than most other major benchmarks. The index gains 0.25% to 1,313.26 points, with 28 advancing securities versus 26 declining. Turnover is approximately NIS 11.7 million. The nearly balanced breadth suggests that smaller companies are participating in the recovery, but with less conviction than the broader market.

This divergence between the stronger performance of major indices and the more limited advance in the SME segment will be important to monitor. A sustained recovery across the Tel Aviv market would generally require continued participation beyond the largest and most liquid stocks. For now, the data show particularly strong breadth in the TA-35, TA-125, TA-200 and banking-related indices.

What to Watch as Trading Continues

The key question for the remainder of the session is whether the current gains can hold while market breadth remains positive. Investors will be watching the TA-35 and TA-125 for continued participation, while the TA-SME60 will provide an indication of whether risk appetite is reaching smaller companies. Trading volumes, global equity markets, interest-rate expectations, currency movements and sector-specific capital flows will remain important variables. After the sharp declines earlier in the week, the ability of Tel Aviv stocks to maintain both price gains and broad participation will be central to assessing the durability of the current recovery.