TA-35 closes 1.02% lower at 4,058.75
Published on 11/11/2026 at 19:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBanks and insurers lead decline
- The TA-35 closed Wednesday at 4,058.75 points, down 1.02% from Tuesday's close.
- Banking, financial and insurance shares were among the main sources of pressure on the index.
- Bezeq was the strongest TA-35 constituent, while TASE and First International Bank recorded the largest declines.
The TA-35 finished Wednesday's Tel Aviv session at 4,058.75 points, falling 1.02% from Tuesday's close of 4,100.78. The decline followed a 2.17% advance in the previous session and left the benchmark 42.03 points lower on the day.
Financial shares weigh on benchmark
Globes reported that the Insurance Index fell 2.11%, while the Communications and IT Index rose 1.57%. Bank Hapoalim declined 2.93%, Bank Leumi fell 2.34% and Israel Discount Bank lost 3.39%. First International Bank of Israel dropped 6.01%, and the Tel Aviv Stock Exchange company fell 9.18%.
The session's weakness was broad but not universal. Bezeq rose 3.96% to lead the TA-35, while Tower Semiconductor gained 0.82%, El Al Israel Airlines added 2.86%, Azrieli Group increased 1.96% and Nova advanced 2.67%, according to Globes.
Market breadth remains mixed
Investing.com said 251 stocks rose on the Tel Aviv Stock Exchange, compared with 203 decliners, while 102 ended unchanged. Within the index, Bezeq was the strongest performer and the TASE company, First International Bank and Enlight Renewable Energy were among the weakest. The mixed breadth indicates that the benchmark's decline was concentrated in several large and financially weighted constituents rather than reflecting a uniform fall across every listed share.
Context for investors
The move reverses part of Tuesday's strong advance, when the TA-35 rose 2.17% to 4,100.78 points and the Banking Index gained 3.16%, as Globes reported. The latest session therefore represents a pullback after the previous day's banking-led rally, not a new multi-session trend on its own.
Further coverage of the TA-35 and related index developments is available on the TA-35 topic page.
