Stock Markets June 5, 2026 10:55 AM

Tel Aviv stocks finish higher as real estate, communications and biomed sectors lead gains

TA-35 closes 0.40% up; renewables and property names among top performers while select large caps retreat

By Avery Klein ENLT ORA NICE ICL

The Tel Aviv market closed higher on Friday, with the TA-35 rising 0.40% as gains in Real Estate, Communication and Biomed boosted the index. Enlight Renewable Energy, Ormat Technologies and Azrieli Group were the session's best performers, while NICE, ICL and the Tel Aviv Stock Exchange’s own listing weighed on the downside. Commodity and currency moves included declines in crude and Brent oil and a stronger dollar against the shekel.

Tel Aviv stocks finish higher as real estate, communications and biomed sectors lead gains
ENLT ORA NICE ICL

Key Points

  • TA 35 closed 0.40% higher, driven by gains in Real Estate, Communication and Biomed sectors.
  • Top performers included Enlight Renewable Energy (ENLT +3.30%), Ormat Technologies (ORA +2.33%, to an all-time high) and Azrieli Group (AZRG +2.13%).
  • Notable declines came from NICE (NICE -3.59%), ICL (ICL -2.62%) and the Tel Aviv Stock Exchange listing (TASE -1.96%).

Israel's stock market ended Friday's session with modest gains as sector strength in Real Estate, Communication and Biomed supported the benchmark. At the close in Tel Aviv the TA 35 rose 0.40%.

The session's top performers on the TA 35 included Enlight Renewable Energy Ltd (TASE:ENLT), which advanced 3.30% or 890.00 points to finish at 27,870.00. Ormat Technologies (TASE:ORA) added 2.33% or 950.00 points to close at 41,700.00, and Azrieli Group Ltd (TASE:AZRG) rose 2.13% or 910.00 points to end at 43,600.00.

On the downside, NICE Ltd (TASE:NICE) dropped 3.59% or 1,000.00 points to trade at 26,830.00 at the close. ICL Israel Chemicals Ltd (TASE:ICL) declined 2.62% or 45.00 points to finish at 1,675.00, and the Tel Aviv Stock Exchange listing (TASE:TASE) fell 1.96% or 300.00 points to 15,040.00.

Market breadth favored advancers. Rising stocks outnumbered decliners on the Tel Aviv Stock Exchange by 298 to 170, while 84 issues finished unchanged.

Ormat Technologies reached a milestone during the session. Shares in Ormat Technologies (TASE:ORA) rose to all time highs, moving up 2.33% or 950.00 to 41,700.00.


Commodities and currencies also moved during the trading day. Crude oil for July delivery was down 1.83% or 1.70 to $91.34 a barrel. Brent oil for August delivery fell 1.18% or 1.12 to $93.91 a barrel. The August Gold Futures contract declined 2.60% or 117.03 to trade at $4,387.97 a troy ounce.

In currency trading, the Israeli shekel weakened against the dollar and euro. USD/ILS was up 1.06% at 2.93, while EUR/ILS rose 0.67% to 3.39. The US Dollar Index Futures was up 0.45% at 99.82.

Overall, the session combined sector-level strength in specific equities with broader commodity and currency moves that reflected declines in oil and gold prices and a firmer dollar. Market participants ended the week with the TA 35 modestly higher and a mixed picture among large-cap names.

Risks

  • Declining crude and Brent oil prices - may affect energy-related companies and commodity-linked sectors.
  • A stronger US dollar versus the shekel - currency moves can influence exporters and importers in Israel.
  • Significant drops in large-cap names such as NICE and ICL - introduces downside risk for tech and chemical sector exposure.

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