Stock Markets April 30, 2026 10:55 AM

Tel Aviv session closes modestly higher as tech and biomed stocks lead gains

TA 35 inches up 0.06% after mixed advance with notable moves in Semiconductors, Biomed and Banks

By Nina Shah
Tel Aviv session closes modestly higher as tech and biomed stocks lead gains

Israeli equities finished the Thursday trading session slightly higher, with the TA 35 rising 0.06% as gains in Biomed, Communication and Technology stocks offset weakness in several large financial names. Market breadth was narrowly positive, while oil, gold and currency markets recorded notable moves.

Key Points

  • TA 35 closed up 0.06% with Biomed, Communication and Technology sectors contributing to gains.
  • Top individual advancers included TASE:NXSN, TASE:TSEM and TASE:MVNE; laggards included TASE:NVMI, TASE:POLI and TASE:LUMI.
  • Market breadth was narrowly positive with 253 advancers, 216 decliners and 82 unchanged; commodities and FX markets also moved, with crude oil down and gold higher.

Israel stocks finished higher after the close on Thursday, with the benchmark TA 35 edging up 0.06% as gains in Biomed, Communication and Technology names helped lift the market.

Session leaders

The top performers on the TA 35 were Next Vision Stabilized Systems (TASE:NXSN), which advanced 4.61% or 1,490.00 points to finish at 33,790.00. Tower Semiconductor Ltd (TASE:TSEM) added 4.28% or 2,490.00 points to close at 60,620.00, and Mivne Real Estate KD Ltd (TASE:MVNE) rose 1.71% or 24.00 points to end the session at 1,429.00.

Largest decliners

On the downside, Nova (TASE:NVMI) fell 2.57% or 3,840.00 points to trade at 145,450.00 at the close. Bank Hapoalim (TASE:POLI) declined 2.28% or 184.00 points to finish at 7,901.00, and Leumi (TASE:LUMI) slipped 2.07% or 158.00 points to end at 7,458.00.

Market breadth and activity

Advancers narrowly outpaced decliners on the Tel Aviv Stock Exchange, with 253 stocks rising versus 216 falling, while 82 issues were unchanged. The modest net gain in the TA 35 reflected this mixed underlying activity.

Commodities and currencies

Commodity markets showed mixed direction. Crude oil for June delivery fell 1.21% or 1.29 to $105.59 a barrel, while Brent oil for July delivery was down 0.02% or 0.02 to $110.42 a barrel. The June Gold Futures contract moved higher, gaining 1.59% or 72.34 to trade at $4,633.84 a troy ounce.

In foreign exchange trading, USD/ILS declined 1.12% to 2.95 and EUR/ILS eased 0.88% to 3.46. The US Dollar Index Futures was lower, down 0.81% at 98.03.


The session highlighted divergent performance across sectors: pockets of strength in Biomed, Communication and Technology provided upward momentum, while notable weakness among major banks weighed on sentiment. Overall, the market closed with a small gain amid mixed commodity and currency moves.

Risks

  • Banking sector pressure - declines in Bank Hapoalim (TASE:POLI) and Leumi (TASE:LUMI) suggest vulnerability in financial stocks during the session, which could weigh on broader market performance.
  • Commodity volatility - movements in crude oil and Brent prices, including a 1.21% drop in June crude, create uncertainty for energy-linked assets and related sectors.
  • Currency swings - notable declines in USD/ILS and EUR/ILS introduce exchange-rate risk for exporters, importers and companies with foreign-currency exposures.

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