Tel Aviv stocks are trading mostly higher, with the market showing a mixed but generally constructive picture across the major benchmarks. The TA-35 and TA-125 are leading the advance, while weakness in banking and smaller-cap shares is limiting the breadth of the recovery. The divergence suggests that gains are currently concentrated more heavily in selected large and broad-market constituents.

TA-35 and TA-125 Lead the Market Higher

The TA-35 is up 0.71% at 4,320.37 points, with 20 advancing securities compared with 16 declining. The relatively balanced breadth indicates that the benchmark’s advance is supported by a modest majority of its constituents rather than being driven exclusively by a handful of stocks. Turnover in the TA-35 stands at approximately NIS 561.3 million, reflecting substantial trading activity.

The TA-125 is also performing positively, rising 0.53% to 4,186.49 points. A total of 70 securities are advancing versus 55 declining, while turnover has reached approximately NIS 714.1 million. The broader index is therefore showing positive participation, although the gap between advancing and declining securities remains relatively narrow.

The TA-90 is essentially flat, edging down 0.01% to 3,789.43 points. Despite the lack of meaningful price movement, 50 securities are advancing compared with 39 declining. Turnover stands at approximately NIS 152.8 million, indicating continued activity even as the index itself remains close to unchanged.

Broader Market Indices Show Moderate Gains

The TA-200 is gaining 0.25% to 4,017.59 points, with 99 securities advancing and 93 declining. The nearly balanced breadth reflects a market in which gains are present but not overwhelmingly broad. Turnover has reached approximately NIS 727.2 million, the highest among the major benchmarks in the supplied data.

TA Sector-Balance is stronger, rising 0.38% to 4,776.68 points. The index has 53 advancing securities versus 46 declining, while turnover stands at approximately NIS 690.8 million. The positive performance of both TA-200 and TA Sector-Balance supports the view that the broader market remains in positive territory, even as participation varies considerably across individual segments.

The TA-20 is also higher, gaining 0.39% to 4,156.13 points. However, its breadth is slightly negative, with 9 securities advancing against 11 declining. This divergence between the index level and its underlying breadth highlights the importance of looking beyond headline percentage changes when assessing the strength of the current market move.

Banking and SME Shares Remain Under Pressure

The weakest major benchmark is the TA 90 and Banks index, which falls 0.51% to 4,032.94 points. Despite the decline, 50 securities are advancing compared with 44 declining, suggesting that the negative index performance is not accompanied by overwhelmingly negative breadth. Turnover reaches approximately NIS 316.6 million, pointing to active trading in the segment.

The TA-SME60 is also under pressure, declining 0.13% to 1,318.87 points. Only 22 securities are advancing, compared with 32 declining, while turnover stands at approximately NIS 16.1 million. The weakness in smaller companies contrasts with the stronger performance of the TA-35 and TA-125 and indicates that risk appetite remains uneven across the Tel Aviv market.

What to Watch as Trading Continues

The key question for the remainder of the session is whether the strength in the major benchmarks can broaden beyond selected large-cap and broader-market constituents. Investors will be watching the TA-35 and TA-125 for sustained gains, while the TA-90, banking index and TA-SME60 will provide important signals on market breadth and risk appetite. Trading volumes, global equity markets, interest-rate expectations, currency movements and sector-specific flows could influence the next direction of Tel Aviv stocks. A widening gap between stronger headline indices and weaker banking or small-cap segments would remain an important risk factor for the durability of the current advance.