Stock Markets August 4, 2026 10:55 AM

Tel Aviv Stocks Close Higher as TA-35 Advances 0.81%

Banking, technology and financials support index gains while commodity prices slip and the shekel strengthens

By Avery Klein
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ENLT CAMT NVMI

Israeli equities ended the session higher with the TA-35 rising 0.81%, led by gains in Enlight Renewable Energy, Camtek and Nova. Market breadth was negative, with more decliners than advancers. Energy commodities fell and the shekel appreciated against the dollar and euro, while the US Dollar Index futures were essentially flat at 99.79.

Tel Aviv Stocks Close Higher as TA-35 Advances 0.81%
ENLT CAMT NVMI
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Key Points

  • TA-35 closed up 0.81% led by gains in Banking, Technology and Financials - Equity markets
  • Enlight Renewable Energy, Camtek and Nova were the session's top performers - Renewable energy and semiconductor/technology-related names
  • Decliners outnumbered advancers 302 to 165, indicating narrow breadth despite index gains - Market breadth and investor sentiment

Israel's main equity gauge finished the trading day in positive territory on Tuesday, with the TA-35 up 0.81% as gains in the Banking, Technology and Financials sectors supported the advance.

At the close in Tel Aviv, the TA-35 index recorded a 0.81% increase.

Session leaders

  • Enlight Renewable Energy Ltd (TASE:ENLT) led the index, climbing 7.05% - a rise of 1,770.00 points - to close at 26,860.00.
  • Camtek Ltd (TASE:CAMT) added 5.81%, gaining 2,360.00 points to finish at 42,960.00.
  • Nova (TASE:NVMI) rose 3.68%, up 4,330.00 points to end the session at 121,940.00.

Top decliners

  • Mega Or (TASE:MGOR) was the weakest performer on the TA-35, down 3.87% - a loss of 1,900.00 points - to close at 47,180.00.
  • Dimri (TASE:DIMRI) declined 3.15%, slipping 1,120.00 points to finish at 34,400.00.
  • Shufersal (TASE:SAE) fell 2.41%, down 107.00 points to 4,341.00 at the close.

Market breadth, however, painted a mixed picture. Declining issues outnumbered advancing ones on the Tel Aviv Stock Exchange by 302 to 165, while 91 stocks finished unchanged.

Commodities and FX moves

Energy markets moved lower during the session. Crude oil for September delivery fell 4.31% - down $3.46 - to trade at $76.88 a barrel. Brent oil for October delivery dropped 3.88%, a decline of $3.25, to $80.52 a barrel.

Precious metals posted gains: the December Gold Futures contract rose 1.21%, gaining $49.65 to trade at $4,140.15 a troy ounce.

Currency pairs involving the shekel strengthened. USD/ILS declined 1.02% to 3.01, while EUR/ILS fell 0.89% to 3.47.

The US Dollar Index Futures was essentially flat, up 0.01% at 99.79 at the reported time.

Context and closing note

The trading day combined selective large-cap strength with broader weakness across individual listings, while commodities and FX showed notable intraday movement. The TA-35's gain contrasts with the larger number of stocks that retreated, illustrating a market driven by concentrated advances rather than broad-based buying.

Risks

  • Narrow market participation - with more declining stocks (302) than advancing (165), there is a risk that index gains are concentrated in a few large winners, potentially leaving broader equity segments vulnerable - Equity markets
  • Commodity price declines, notably crude and Brent oil, could weigh on energy-related companies and sectors sensitive to oil prices - Energy sector
  • Currency fluctuations as USD/ILS and EUR/ILS weakened could introduce FX-related risks for exporters and importers operating in shekels - Corporates with FX exposure

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