Tel Aviv’s TA-35 rises 1.69% after falling 3.69% in previous session
Key Facts
The TA-35 index on the Tel Aviv Stock Exchange rose 1.69% at the close on Nov. 6, 2026, recouping some losses after a sharp fall in the previous session. Investing.com said stocks rose in the real estate, insurance and telecommunications sectors during the session. The improvement came after the benchmark index closed at 3,823.18 points on Nov. 5, down 3.69% and marking its lowest level in six months, according to a Globes report. The TA-125 index also fell 3.38% in the previous session. The market therefore rebounded on Nov. 6 after a broad decline the day before.
The advance extended to more stocks than those that fell, with gainers outnumbering decliners 316 to 161, while 80 stocks closed unchanged, according to Investing.com data. In the TA-35 index, Mega Or posted the biggest gains, rising 6.72%, followed by Elbit Systems, up 6.46%, and Tower Semiconductor, which climbed 6.16%. These moves show that gains among individual stocks exceeded the rise in the broader index. They also came alongside advances in the real estate, insurance and telecommunications sectors, though the source did not provide percentages for those sector moves. The tally of advancing and declining stocks offers a picture of the breadth of the session’s move alongside the benchmark index reading.
The Nov. 5 session saw sharp losses across several sectors, according to Globes: the defense index fell 7.09%, the insurance index 5.07%, the technology index 4.78% and the construction index 3.94%. The insurance decline was part of a broader wave of selling, before the sector rose in the Nov. 6 session, though the new session’s data did not specify the size of its gains. The report said declines intensified toward the end of trading on Nov. 5 as U.S. markets opened sharply lower. The value of shares traded in Tel Aviv during that session reached 19.39 billion shekels. The report attributed the higher trading volume to a market index review taking effect that day, amid declines in the defense, insurance, technology and construction sectors.
Against the backdrop of the decline, another Globes report on Nov. 5 said the index was 15% below its peak following an earlier wave of selling. The later report linked part of the drop to declines in global semiconductor stocks, which were reflected in local chip stocks; it said local stocks had also lost nearly a third of their value. This context places Tower Semiconductor’s 6.16% rise in the Nov. 6 session within the market’s rebound. But it followed sharp losses in the technology sector in the previous session, when the technology index fell 4.78%. The broader index rose on Nov. 6 after closing at a six-month low.
The deputy head of trading at the Tel Aviv Stock Exchange told Globes in an interview that it is difficult to identify a market bottom while trading is underway, adding: "In hindsight, we all know when the peaks and troughs occurred, but we do not know that in real time." He said volatility had increased, but was not very high, in his assessment at the time of the interview. Market attention, according to Globes, is turning to political developments and the performance of global markets as the corporate earnings season begins. The report said the behavior of global markets would be an influential factor in the course of the local market, alongside political developments. These factors remain central to investors’ focus after the index rose on Nov. 6, following losses in the previous session.