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Despite the strike, trading activities continued uninterrupted; the major index Tel Aviv Stock Exchange (TASE) is up 4.26% intraday on Thursday at its 52-week high of 6,311.
Established in 1953 and located in Tel Aviv-Yafo, the Tel Aviv Stock Exchange is Israel’s principal securities exchange.
Israel Stock Exchange: In a major escalation of geopolitical tensions, Iran fired multiple missiles into Israel on June 19, targeting key cities including Tel Aviv and Be’er Sheva. One of the major sites reportedly hit was the Tel Aviv Stock Exchange (TASE), a key hub of Israel’s financial system. According to reports, the stock exchange building suffered considerable damage.
However, despite the strike, trading activities continued uninterrupted. The major index Tel Aviv Stock Exchange is up 4.26 per cent intraday on Thursday at its 52-week high of 6,311. Since the escalation of the conflict, the index has jumped almost 14 per cent or 800 points.
What Is TASE?
Established in 1953 and located in Tel Aviv-Yafo, the Tel Aviv Stock Exchange is Israel’s principal securities exchange. It currently lists more than 470 stocks, 900 corporate bond series, over 200 government bonds, and around 1,200 mutual funds. The equity market alone is valued at $216 billion, while the bond market stands at $196 billion.
Key Indices on the Exchange
TA‑35 Index: Comprises the 35 largest public companies in Israel.
TA‑125 Index: A broader benchmark tracking the top 125 firms.
Other indices include TA‑90, TA‑SME60, and sector-specific indices like TA‑BlueTech, which focuses on tech and biotech firms.
Israel’s Market Performance in 2025
Despite the tensions, Israeli equities have delivered impressive returns in 2024 and 2025.
The TA‑35 Index is up 17% year-to-date, with 29 of the 35 companies in positive territory. Phoenix Financial leads with a 68% gain, followed by Elbit Systems (62%) and Clal Insurance (54%).
The TA‑125 Index has gained 16% so far this year. Aryt Industries tops the list of gainers with a 137% surge, followed by Meitav Investment House (112%) and Next Vision Stabilized Systems (101%).
Over the past 12 months, the broader Israeli market has jumped nearly 52%, reflecting strong investor sentiment despite geopolitical volatility.
Why TASE Remains Resilient Despite War?
The ongoing Iran–Israel conflict has had a mixed but largely resilient impact on the Tel Aviv Stock Exchange (TASE). Initially, indices like TA-125 and TA-35 experienced brief declines due to investor panic and geopolitical uncertainty.
However, factors such as limited escalation being priced in, strong fundamentals, central bank preparedness, and upward momentum in certain sectors have helped maintain the stability of the exchange.
Top Israeli Companies by Market Cap
Bank Leumi Le-Israel BM is the largest publicly traded firm on TASE, with a market cap of $25.18 billion. Close behind are Bank Hapoalim ($22.82 billion) and Elbit Systems ($20.85 billion). Other key players include Teva Pharmaceutical Industries and Mizrahi Tefahot Bank.
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to markets, economy and companies. Having a decade of experience in financial journalism, Haris has been previously asso…Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to markets, economy and companies. Having a decade of experience in financial journalism, Haris has been previously asso… Read More
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