TA-35 Gains 3.09% as Tel Aviv Shares Rebound at Friday Close

Tel Aviv shares closed higher on Friday, November 6, with the TA-35 rising 3.09% to 3,941.14. The broader TA-125 gained 2.81% to 3,823.63, while the TA-90 advanced 1.84% to 3,469.84. The exchange's closing records put the final index readings at about 13:44 Israel time. The TA-35, the Tel Aviv Stock Exchange's flagship index of 35 leading shares, opened at 3,826.92 and reached an intraday high of 3,947.93. Its closing level was below that peak but well above Thursday's 3,823.18 finish. The TA-125, which combines the TA-35 and TA-90 constituents, traded between 3,721.54 and 3,833.25 during Friday's session. Bank shares were among the advancing TA-35 constituents. Discount rose 5.60%, Hapoalim gained 4.53%, Mizrahi-Tefahot added 4.27% and Leumi increased 4.17%. Semiconductor-related shares also advanced: Nova rose 7.29% and Tower gained 4.12%. Phoenix climbed 3.98%, Clal Insurance added 4.00% and Teva rose 0.91%, according to the exchange's dated constituent table. The rebound followed two declining sessions. On November 5, the TA-35 fell 3.69%, the TA-125 lost 3.38% and the TA-90 dropped 2.23%. Their November 4 declines were 1.96%, 1.86% and 1.90%, respectively. Friday's gains left all three below their month-opening levels: the exchange showed month-to-date returns of minus 2.90% for the TA-35, minus 2.86% for the TA-125 and minus 2.97% for the TA-90.