Tel Aviv Stock Exchange: Super-resilient

Over the last four weeks, the Tel Aviv Stock Exchange (TASE) has shown super-resilience and growth, as reflected in various indices and market activities. Awesome.

The left and globalist hysteria is baseless, which tries to smear Israel by saying, the war harms Israel’s economy. “We have to end the war”, yells the global left. However, the woke, left media lie to you. Israel’s economy thrives. What are the facts?

• Market Performance: The TA-125 index, a key benchmark, rose to 3,117 points on August 24, 2025, marking a 1.73% increase from the previous session and a 1.03% gain over the past month. This follows a significant 50.25% rise compared to the same period last year, indicating strong market momentum despite regional tensions. The TA-35 and TA-90 indices also hit 52-week highs, with the TA-35 at 2,810.85 and the TA-125 at 2,850.08, reflecting broad-based gains across major sectors.
• Sector-Specific Movements: The insurance and financial services sectors performed strongly, with the TA-Insurance and Financial Services index surging 3.2% in one week. Posts on X noted a 7.5% rise in the TA-Insurance index, alongside a 2.4% increase in insurance stocks and 2.3% in construction stocks, despite a weaker month for the latter.
• Trading Activity: The average daily trading volume was approximately NIS 2.8 billion, reflecting robust liquidity. This aligns with a broader trend of increased trading volumes, with a 7% rise in shares and 20% in bonds compared to the previous year’s third quarter.
• Financial Results and Strategic Moves: TASE reported strong Q2 2025 results on August 5, with adjusted EBITDA growth, driven by a strategic focus on technological advancements and new financial products. The exchange is exploring strategic partnerships and potential inclusion in the MSCI Europe Index, which could enhance its global appeal.
• Geopolitical Context: Despite the ongoing regional war, trading continued uninterrupted, showcasing the exchange’s operational resilience. The market’s strength of Israel is attributed to strong fundamentals, central bank preparedness, and investor confidence, with Finance Minister Bezalel Smotrich emphasising economic stability.
• Investor Sentiment: TASE’s remarkable performance, with a reported 65% surge since October 7, 2023, outperforms many global indices. Notable investor moves, such as Bill Ackman’s 284% return on a 5% stake purchased in January 2024, underscore growing international interest.

In summary, the TASE has demonstrated significant growth and resilience over the past four weeks, supported by strong index performance, increased trading volumes, and strategic initiatives, even amidst geopolitical challenges.

Sources: Figures collected with Google, grok and TASE press releases. Image AI generated.