Israel's stock market ended the trading day in positive territory on Friday as sector-level strength in Technology, Insurance and Communication pushed the benchmark higher.
The TA 35 closed up 1.15%.
Top performers
- Tower Semiconductor Ltd (TASE:TSEM) led the gainers on the TA 35, jumping 6.52% - an increase of 3,950.00 points - to finish at 64,570.00.
- NICE Ltd (TASE:NICE) rose 3.19% or 950.00 points, closing the session at 30,710.00.
- Enlight Renewable Energy Ltd (TASE:ENLT) advanced 2.70% or 710.00 points to end at 27,000.00; the stock also reached an all-time high during the session.
Largest decliners
- Big Shopping Centers Ltd (TASE:BIG) was the weakest name on the index, slipping 2.55% or 1,990.00 points to close at 75,910.00.
- Newmed Energy LP (TASE:NWMDp) fell 2.12% or 41.00 points, finishing at 1,896.00.
- Mivne Real Estate KD Ltd (TASE:MVNE) declined 1.89% or 27.00 points to 1,402.00.
Market breadth on the Tel Aviv Stock Exchange favored advancers, with 336 stocks rising versus 120 that fell; 95 issues were unchanged.
Commodities and currencies
In commodities trading, crude oil for June delivery dropped 3.23% or 3.39, settling at $101.68 a barrel. Brent oil for July delivery fell 1.63% or 1.80 to $108.60 a barrel. The June Gold Futures contract gained 0.28% or 12.80 to trade at $4,642.40 a troy ounce.
On the currency front, the U.S. dollar strengthened modestly against the shekel: USD/ILS rose 0.25% to 2.95, while EUR/ILS increased 0.39% to 3.47. The U.S. Dollar Index Futures was quoted down 0.18% at 97.74.
This session combined equity gains led by technology, insurance and communications firms with notable movements in energy and precious metals markets and small shifts in FX rates. The mix of advancing and declining names reflected a market where certain large-cap technology and renewable energy stocks outperformed while some retail and real estate-related listings softened.