TA-35 closes 1.0 percent lower as chip stocks slide
Published on 10/23/2026 at 22:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSChip stocks and closing balance
- TA-35 closed at 4,124 points, down 42 points or 1.0 percent on October 23, 2026.
- Brent oil reached USD 116.11 per barrel as geopolitical tensions pressured markets.
- Tower Semiconductor was the weakest TA-35 stock, falling 5.0 percent.
- Strauss Group will present its strategy on October 26, 2026, at 12:00 noon IDT.
TA-35 closed at 4,124 points on October 23, 2026, losing 42 points or 1.0 percent. Technology stocks led the decline as geopolitical tensions and weaker global technology shares pressured Tel Aviv equities, Globes reported.
Tower Semiconductor was the session's biggest decliner, falling 5.0 percent. The index also ended 2.4 percent lower over five sessions and remained up 13.6 percent since the start of the year, MarketScreener showed.
Why is TA-35 down today?
Technology shares dragged the benchmark lower after sharp losses in global technology stocks. The decline also followed geopolitical tension in the region. Brent crude rose 2.6 percent to USD 116.11 per barrel, while USD/ILS fell 0.2 percent to 3.11, Investing.com reported.
Winners and losers in TA-35
Winners and losers at the October 23 close according to Investing.com:
- Tel Aviv Stock Exchange up 4.1 percent
- Melisron up 1.6 percent
- Strauss Group up 1.5 percent
- Tower Semiconductor down 5.0 percent
- Enlight Renewable Energy down 3.6 percent
- Camtek down 3.0 percent
Declining stocks outnumbered advancers by 226 to 207. Another 125 stocks finished unchanged, showing a broad loss across the exchange.
Technology and banks lead the decline
The Biomed, Technology and Banking sectors were the weakest groups at the close. The sector pressure matched the technology-led selloff described by Investing.com.
What comes next for TA-35
- October 26, 2026, 9:59 a.m. IDT: The next Tel Aviv session is scheduled to open.
- October 26, 2026, 12:00 noon IDT: Strauss Group will present its 2027-2030 strategy at an investor conference, PR Newswire announced.
- October 27, 2026: Israel's legislative election is scheduled, Trading Economics reported.
TA-35 price data for October 23, 2026
TA-35 closed at 4,124 points on October 23, 2026, at 1:44 p.m. IDT, according to MarketScreener. The index was down 42 points or 1.0 percent from the previous close of 4,166 points.
TA-35 by the numbers on October 23, 2026
- Index: TA-35
- Home exchange: Tel Aviv Stock Exchange, Israel
- Close on October 23, 2026: 4,124 points
- Change versus previous close of October 22, 2026: down 42 points (down 1.0 percent)
- Previous close: 4,166 points
- Top gainer: Tel Aviv Stock Exchange up 4.1 percent
- Top loser: Tower Semiconductor down 5.0 percent
- Next scheduled event: October 26, 2026, 12:00 noon IDT: Strauss Group investor conference
