Stock Markets May 29, 2026 10:55 AM

Tel Aviv Stocks Finish Higher as Biomed, Tech and Communication Names Lead Gains

TA-35 climbs 0.55% at the close amid sector strength; mixed moves in commodities and FX

By Caleb Monroe NVMI NICE

Israel's equity benchmark TA-35 closed up 0.55% on Friday, supported by advances in Biomed, Technology and Communication stocks. Nova, Mega Or and the Tel Aviv Stock Exchange were the session's top performers, while OPC Energy, NICE Ltd and Harel posted the largest declines. Commodity prices were mixed, with crude and Brent down and gold futures higher; major currency pairs involving the shekel moved lower against the dollar and euro.

Tel Aviv Stocks Finish Higher as Biomed, Tech and Communication Names Lead Gains
NVMI NICE

Key Points

  • TA-35 closed up 0.55% at the end of trading on Friday, driven by gains in Biomed, Technology and Communication sectors.
  • Top individual performers were Nova (NVMI), Mega Or (MGOR) and Tel Aviv Stock Exchange (TASE), while OPC Energy (OPCE), NICE Ltd (NICE) and Harel (HARL) recorded the largest declines.
  • Commodities and FX were mixed: July crude and August Brent fell, August gold futures rose, USD/ILS and EUR/ILS both declined, and the US Dollar Index Futures was down 0.15%.

Stocks in Israel ended Friday's session in positive territory, with gains concentrated in Biomed, Technology and Communication names propelling the benchmark higher.

At the close in Tel Aviv, the TA 35 rose 0.55%.

The session's strongest performers on the TA 35 included:

  • Nova (TASE:NVMI) - up 4.10%, gaining 5,800.00 points to finish at 147,300.00.
  • Mega Or (TASE:MGOR) - climbed 3.57%, or 2,350.00 points, to close at 68,250.00.
  • Tel Aviv Stock Exchange (TASE:TASE) - advanced 3.54%, adding 580.00 points to end the day at 16,950.00.

Among the laggards were:

  • OPC Energy Ltd (TASE:OPCE) - down 5.06%, a decline of 660.00 points to 12,380.00 at the close.
  • NICE Ltd (TASE:NICE) - fell 3.02%, slipping 780.00 points to 25,010.00.
  • Harel (TASE:HARL) - decreased 2.29%, losing 420.00 points to finish at 17,900.00.

On the broader exchange, advancing issues outnumbered decliners, with 283 stocks higher versus 185 lower. An additional 83 issues closed unchanged.


Commodity markets showed mixed direction on the day. Crude oil for July delivery fell 0.98%, down $0.87 to settle at $88.03 per barrel. Brent oil for August delivery declined 1.42%, or $1.32, to $91.38 a barrel. In contrast, the August Gold Futures contract rose 1.24%, gaining $56.00 to trade at $4,588.40 per troy ounce.

Currency moves included a 0.55% decline in USD/ILS to 2.80 and a 0.66% drop in EUR/ILS to 3.26. The US Dollar Index Futures was trading down 0.15% at 98.82.


Friday's session left Israel's main index modestly higher, led by sector-specific strength in Biomed, Technology and Communication. Commodity and currency fluctuations accompanied the equity gains, producing a mixed backdrop across markets.

Risks

  • Notable declines in several large-cap names - such as OPC Energy, NICE and Harel - could offset sector gains and create near-term volatility in the TA-35.
  • Drops in crude oil and Brent prices introduce uncertainty for energy-related stocks and sectors sensitive to oil price swings.
  • Movements in USD/ILS and EUR/ILS, as reported, add currency volatility that can affect companies with import-export exposure and cross-border revenues.

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