Stock Markets September 9, 2026 10:55 AM

Tel Aviv stocks slip as Real Estate, Tech and Insurance drag index lower

TA 35 edges down 0.06% as breadth favors decliners; commodities and FX show notable moves

By Nina Shah
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STRS ORA

Israel's equity market closed modestly lower on Wednesday, with the benchmark TA 35 slipping 0.06% after the Real Estate, Technology and Insurance sectors weighed on the market. Market breadth favored losers, while energy and precious metals prices rose and local FX pairs showed small moves.

Tel Aviv stocks slip as Real Estate, Tech and Insurance drag index lower
STRS ORA
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Key Points

  • TA 35 closed down 0.06% with Real Estate, Technology and Insurance among the weaker sectors.
  • Market breadth favored decliners: 299 stocks fell, 170 advanced and 90 were unchanged.
  • Commodities strengthened - October crude rose to $96.24 and November Brent reached $101.13; December Gold Futures increased to 4,464.37.

Israel stocks ended lower on Wednesday, with sector declines in Real Estate, Technology and Insurance contributing to a mild fall in the main index.

At the close in Tel Aviv the TA 35 declined 0.06%.

Among constituents, Strauss Group (TASE:STRS) was the session's strongest performer on the TA 35, finishing up 2.74% - an increase of 310.00 points to 11,620.00. Navitas Petroleum LP Unit (TASE:NVPTp) gained 2.17%, adding 270.00 points to reach 12,700.00, while OPC Energy Ltd (TASE:OPCE) rose 2.12% or 210.00 points to close at 10,130.00.

The heaviest declines included Ormat Technologies (TASE:ORA), which fell 5.82%, a drop of 1,890.00 points to 30,610.00. The Tel Aviv Stock Exchange (TASE:TASE) also retreated, down 2.04% or 280.00 points to 13,450.00, and Azrieli Group Ltd (TASE:AZRG) ended the session 1.83% lower, losing 730.00 points to 39,260.00.

Market breadth was tilted toward declines: 299 stocks fell against 170 that advanced, and 90 stocks finished unchanged on the Tel Aviv Stock Exchange.

Commodities saw notable strength. Crude oil for October delivery rose 3.45%, gaining $3.21 to trade at $96.24 a barrel. Brent oil for November delivery increased 3.28%, up $3.21 to $101.13 a barrel. In metals, the December Gold Futures contract advanced 0.57%, a gain of 25.37 to trade at 4,464.37 a troy ounce.

In currency markets, USD/ILS was essentially flat - recorded as unchanged at 0.05% to 3.02, while EUR/ILS rose 0.28% to 3.52. The US Dollar Index Futures was down 0.15% at 98.64.


For the trading day, the patchwork of sector performance helped produce a shallow overall decline in the benchmark, with individual stocks showing a mix of firm gains and outsized losses. Energy-linked names recorded some of the strongest upward moves among gainers, while technology and insurance-related issues were among the laggards driving part of the downside.

Risks

  • Sector concentration of losses in Real Estate, Technology and Insurance could weigh on index performance if those groups continue to underperform - impacting bank and insurer exposures tied to property and tech-related credit.
  • Sharp falls in individual large-cap names, such as Ormat Technologies' 5.82% drop, introduce uncertainty for portfolios with concentrated positions in lagging stocks.
  • Volatility in energy prices - crude and Brent rose more than 3% - may affect costs and margins for energy-exposed companies and influence market sentiment.

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