Stock Markets June 30, 2026 10:55 AM

Tel Aviv Stocks Close Higher as Tech, Biomed and Communications Lead Gains

TA-35 climbs 1.30% with Nova, Tower Semiconductor and Next Vision among top performers; Ormat, NICE and Harel lag

By Ajmal Hussain
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NVMI TSEM ORA NICE

Israeli equities finished higher on Tuesday as Technology, Biomed and Communication sectors pushed the benchmark TA-35 up 1.30% at the close in Tel Aviv. Market breadth favored advancers, while commodities and currency moves were modest, with crude oil and Brent edging lower and gold rising ahead of the close.

Tel Aviv Stocks Close Higher as Tech, Biomed and Communications Lead Gains
NVMI TSEM ORA NICE
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Key Points

  • TA-35 closed up 1.30% in Tel Aviv, led by gains in Technology, Biomed and Communication sectors.
  • Top individual performers were Nova (NVMI), Tower Semiconductor (TSEM) and Next Vision Stabilized Systems (NXSN); laggards included Ormat (ORA), NICE (NICE) and Harel (HARL).
  • Market breadth favored advancers with 283 rising issues, 180 declining and 93 unchanged; commodities and FX showed modest moves.

Israeli shares ended the trading session higher on Tuesday, with gains concentrated in Technology, Biomed and Communication names that helped lift the TA-35 index.

At the close in Tel Aviv, the TA-35 was up 1.30%.

The session's strongest performers on the TA-35 were Nova (TASE:NVMI), Tower Semiconductor Ltd (TASE:TSEM) and Next Vision Stabilized Systems (TASE:NXSN). Nova led the list, rising 8.58% - a gain of 12,440.00 points - to finish at 157,500.00. Tower Semiconductor added 8.27%, up 5,840.00 points to close at 76,440.00. Next Vision Stabilized Systems advanced 5.53%, gaining 1,260.00 points to end the day at 24,060.00.

On the downside, Ormat Technologies (TASE:ORA), NICE Ltd (TASE:NICE) and Harel (TASE:HARL) were the session's weakest performers. Ormat fell 2.99%, a decline of 1,000.00 points, to close at 32,500.00. NICE lost 2.48%, down 680.00 points to finish at 26,760.00. Harel slipped 2.31%, dropping 370.00 points to 15,660.00 at the close.

Market breadth on the Tel Aviv Stock Exchange favored advancing issues: 283 stocks rose versus 180 that fell, while 93 finished unchanged.


In commodities trading, futures showed mixed movement. Crude oil for August delivery declined 0.47% - a drop of 0.33 - to trade at $70.42 a barrel. Brent oil for September delivery slipped 0.03%, down 0.02 to $73.89 a barrel. Precious metals were stronger: the August Gold Futures contract rose 0.48%, up 19.40 to $4,058.30 per troy ounce.

Foreign exchange and dollar indicators were broadly steady. The USD/ILS exchange rate was down 0.20% at 2.98. The EUR/ILS was unchanged 0.09% to 3.40. The US Dollar Index Futures edged lower by 0.02% to 100.86.


This settlement reflects a trading day in which technology, biomed and communications stocks outpaced losses elsewhere, while energy and currency moves were modest. The mix of advancing and declining stocks underscores varied performance across sectors.

Risks

  • Sector concentration risk - Gains were driven primarily by Technology, Biomed and Communication stocks, which could leave the market vulnerable if those sectors reverse, affecting the TA-35 and related equities.
  • Commodity price uncertainty - Oil futures moved lower while gold rose; volatility in energy and precious metals can influence related sectors and investor sentiment.
  • Currency fluctuations - Movements in USD/ILS and EUR/ILS, although modest, introduce exchange-rate risk for exporters, importers and foreign-currency-denominated positions.

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