Stock Markets August 19, 2026 10:55 AM

Tel Aviv Session Ends Slightly Lower as Tech, Communications and Banks Drag Index

TA 35 slips 0.20% at the close; mixed stock moves amid commodity and FX shifts

By Priya Menon
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CAMT TSEM

Israel's benchmark TA 35 closed down 0.20% on Wednesday as losses in Technology, Communication and Banking stocks outweighed gains elsewhere. Several mid- and large-cap names posted double-digit point moves in both directions, while commodity prices and currency pairs moved modestly during the session.

Tel Aviv Session Ends Slightly Lower as Tech, Communications and Banks Drag Index
CAMT TSEM
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Key Points

  • TA 35 closed down 0.20% at the end of trading on Wednesday, with Technology, Communication and Banking sectors pressuring the index.
  • Top gainers included Dimri (DIMRI +6.65%), Delek Group (DLEKG +5.58%) and Mega Or (MGOR +5.34%); largest declines were Camtek (CAMT -7.27%), Tower Semiconductor (TSEM -7.08%) and Nova (NVMI -4.62%).
  • Commodities and currencies moved: Brent and WTI crude rose, December gold futures jumped, USD/ILS fell and EUR/ILS rose, while US Dollar Index Futures slipped 0.74%.

Israel's equity market finished lower at the close on Wednesday, with the TA 35 index down 0.20%. The decline came as Technology, Communication and Banking segments underperformed, trimming the index's advance for the day.

Among the strongest performers on the TA 35, Dimri (TASE:DIMRI) advanced 6.65%, gaining 2,200.00 points to finish at 35,280.00. Delek Group (TASE:DLEKG) rose 5.58%, or 455.00 points, to close at 8,615.00, and Mega Or (TASE:MGOR) climbed 5.34%, adding 2,320.00 points to end the session at 45,800.00.

On the downside, Camtek Ltd (TASE:CAMT) led decliners with a 7.27% fall, losing 3,520.00 points to settle at 44,890.00. Tower Semiconductor Ltd (TASE:TSEM) retreated 7.08%, down 5,220.00 points to close at 68,480.00, while Nova (TASE:NVMI) declined 4.62%, or 5,470.00 points, ending at 112,970.00.

Market breadth was positive by count: rising stocks outnumbered decliners on the Tel Aviv Stock Exchange by 264 to 212, and 83 issues finished unchanged.

Commodities posted mixed gains during the session. Crude oil for October delivery increased 1.09%, up 0.92 to trade at $84.98 per barrel. Brent oil for October delivery rose 0.93%, or 0.85, to $91.87 per barrel. Precious metals moved higher as well: the December Gold Futures contract advanced 2.80%, gaining 123.95 to trade at $4,544.55 a troy ounce.

Currency pairs showed modest movement against the shekel. The USD/ILS exchange rate was down 0.33% to 2.98, while EUR/ILS was up 0.42% to 3.47.

On a broader monetary indicator, US Dollar Index Futures fell 0.74%, trading at 98.82 at the time reported.


This session's price action reflects selective strength in a handful of names and sector pressure in Technology, Communication and Banking stocks. The trading day also featured modest commodity and FX moves that accompanied the equity-market outcomes.

Risks

  • Sector concentration risk - losses in Technology, Communication and Banking weighed on the TA 35, indicating that weakness in these sectors can drag the broader index.
  • Commodity and FX volatility - changes in crude oil, gold and exchange rates could affect companies with commodity exposure or foreign-currency cash flows.
  • Single-stock risk - large percentage moves in individual names (both gains and losses) can contribute to significant intraday and close-to-close swings in market indices.

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