Iran’s multiple missile strikes across Israel on June 19 hit strategic locations in cities of Tel Aviv and Be’er Sheva, raising stakes, with news reports claiming the Tel Aviv Stock Exchange (TASE) was among the targetted sites. According to Al Jazeera and other regional media outlets, the Israeli stock exchange has reportedly sustained substantial damage.
Despite the direct hit to the financial hub, trading operations remained unaffected, highlighting the resilience of Israel’s capital market hub. The strikes also hit a major hospital in southern Israel, Magen David Adom, and the national emergency service confirmed at least 32 people were injured in the latest wave of attacks. Read More
Israel’s Stock Market
Established in 1953, the Tel Aviv Stock Exchange (TASE) is Israel’s principal securities exchange, located in Tel Aviv-Yafo. It currently lists over 470 equities, 900 corporate bond series, more than 200 government bond series, and 1,200 mutual funds. The market boasts a total capitalization of approximately $216 billion in equities and $196 billion in bonds.
TASE’s key indices include:
--TA‑35: The flagship benchmark comprising the 35 largest public companies in Israel.
--TA‑125: A broader index encompassing the top 125 listed firms.
--Additional indices of interest include TA‑90, TA SME‑60, and sector-specific indices such as TA‑BlueTech, which tracks technology and biotech stocks.
Track the latest updates on the Iran-Israel war right here
Market Performance
The Israeli equity market has demonstrated strong performance in 2024 and 2025, despite geopolitical headwinds.
--TA‑35 Index: On a year-to-date basis, the index has gained 17 percent. Among the 35 constituents, only six have posted negative returns, while the rest are in the green. Phoenix Financial leads with an impressive 68 percent gain, followed by Elbit Systems and Clal Insurance Enterprises Holdings Ltd, which have risen 62 percent and 54 percent, respectively.
--TA‑125 Index: Up 16 percent year-to-date, outperforming the S&P 500’s 2 percent gain. Within the index, 28 companies have posted negative returns so far in 2025. Aryt Industries tops the list of gainers with a remarkable 137 percent increase, followed by Meitav Investment House Ltd (112 percent) and Next Vision Stabilized Systems (101 percent).
--12-Month Performance: The broader Israeli market has surged nearly 52 percent over the past year, underscoring investor confidence and economic durability in the face of geopolitical uncertainty.
Top Israeli Companies by Market Capitalization
Bank Leumi Le-Israel BM is the largest publicly traded firm in the country, with a market capitalization of $25.18 billion. It is followed by Bank Hapoalim BM at $22.82 billion and Elbit Systems at $20.85 billion. Other major players include Teva Pharmaceutical Industries and Mizrahi Tefahot Bank, which round out the upper echelon of Israel’s corporate landscape.
Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.
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