Tel Aviv Stock Exchange Closes Higher, Led by Exchange's Own Stock
The Tel Aviv Stock Exchange concluded trading on a positive note, with its leading indices posting significant gains. The TA-35 index climbed 1.02% to close at 4,289.98 points, while the broader TA-125 index rose 0.95% to 4,164.35 points.
The most notable performer was the Tel Aviv Stock Exchange's own stock, which surged an impressive 14.98% to reach 14,740 agorot. This significant jump was accompanied by a substantial trading volume of approximately 456.76 million shekels, the highest among advancing stocks.
Other strong performers included software giant NICE, which saw a 5.99% increase to 32,710 agorot, and Mega Or, adding 5.62% to its value, closing at 48,500 agorot. Camtek and Nofar Energy also finished in positive territory, rising 5.52% and 4.87% respectively.
On the downside, Rimmon was the biggest loser, dropping 4.90% to 13,200 agorot, with a notably high trading volume for a declining stock, reaching over 107 million shekels. Formula Systems followed, losing 4.44% to close at 34,690 agorot, and Israel Corporation saw a 4.06% decrease to 8,041 agorot. Fibbi and Topaz completed the list of notable decliners, falling 3.50% and 3.30% respectively.
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