Tel Aviv’s equity market opened Thursday with clear upward momentum, continuing a risk-on sentiment observed in recent sessions. Broad gains across large-cap, mid-cap, and sector indices signal renewed confidence among investors, while trading activity remains healthy. Market participants are closely monitoring global economic cues and domestic developments that could influence equity and bond performance throughout the day.

Large-Cap Indices Show Solid Gains

The TA-35 index is trading at 3,967.69 points, up 0.90 percent, with 33 advancing stocks versus only two declining. Trading turnover for the index has already reached approximately 107.8 million ILS, indicating significant participation by institutional investors. Large-cap sectors such as banking, industrials, and select technology stocks are driving the early gains, reflecting confidence in both domestic fundamentals and broader regional trends.

The TA-125 index, encompassing a broader set of equities, is up 1.04 percent at 3,982.29 points. With 117 advancing securities and only six decliners, this index reflects broad-based participation rather than concentration in a few names. The total turnover across TA-125 stands at 139.2 million ILS, reinforcing the notion of a sustainable rally during Thursday’s session. Such breadth suggests that investors are positioning for potential earnings updates and monitoring global market influences, including U.S. equity movements and technology sector performance.

Mid-Cap and Sector Indices Remain Robust

Mid-cap indices are displaying pronounced strength, with the TA-90 index rising 1.38 percent to 4,058.17 points. The combined TA-90 and Banks index has advanced 1.35 percent, reflecting robust performance in the banking sector. The broad participation, with the majority of constituents in positive territory, indicates a continuing appetite for risk and selective growth exposure.

Sector-specific indices are also contributing to market gains. The TA-125 Value index is up 1.02 percent, while the TA Sector Balance index is advancing 1.30 percent. These moves suggest that investors are diversifying their exposure across both growth and value sectors, balancing risk while seeking steady returns. The strong early performance across sectors and capitalization levels highlights an overall positive market sentiment and readiness to capitalize on domestic economic resilience.

Bond Market Shows Mixed Signals

Activity in the bond market is more nuanced. The short-term bond index tracking maturities up to one year declined slightly by 0.01 percent, reflecting sensitivity to short-term rate expectations. Conversely, the All-Bond General index advanced 0.05 percent, signaling moderate stability across a wider range of issuers.

Inflation-linked bond indices were also modestly higher, with the Tel Bond Linked A index up 0.07 percent and the Tel Bond 60 Linked index gaining 0.09 percent. Total turnover in the bond market reached approximately 26.1 million ILS, indicating steady demand and selective positioning from fixed-income investors. These trends suggest that while equity investors are embracing risk, bond investors are balancing yield, duration, and inflation considerations in their allocation strategies.

Thursday Market Outlook: What Investors Should Monitor

As Thursday’s session unfolds, key indicators to watch include ongoing global equity movements, interest rate signals, and corporate earnings announcements. Continued strength in large-cap and mid-cap indices will depend on investor confidence in domestic fundamentals and global market stability. While broad-based gains are encouraging, elevated valuations, geopolitical developments, and macroeconomic shifts could introduce volatility in the coming days. Investors should remain vigilant regarding liquidity trends, sector rotations, and bond market responses to anticipate potential inflection points and manage portfolio risk effectively.