Tel Aviv Stock Exchange Ends Lower Amid Global Market Pressure

The Tel Aviv Stock Exchange concluded Monday's trading session with a negative trend in its leading indices. The TA-35 index saw a daily decline of 0.49%, closing at 4,221.26 points, while the TA-125 index dropped 0.57% to 4,077.21 points.

These declines occurred against a backdrop of increasing pressure in global markets, reportedly triggered by U.S. President Donald Trump's rejection of an Iranian proposal aimed at advancing a deal. The specific details of this proposal and its connection to the market downturn were not elaborated upon in the report.

On the upside, Doral Energy stock led the day's gainers with an impressive surge of 4.39%, reaching 5,327 agorot. Cannon followed, climbing 3.09% to 20,010 agorot, and Veridis rose 2.99% to 4,585 agorot. Tower's stock increased by 2.59% to 70,010 agorot, and Gilat closed the top five with a 2.04% gain to 3,045 agorot.

Electra Real Estate experienced a significant downturn, leading the decliners with a sharp drop of 15.88% to 1,547 agorot. Qualitau also saw a substantial decrease of 6.91% to 32,580 agorot. Arik Industries lost 5.73% of its value, closing at 1,530 agorot. Acren Group fell 5.44% to 600.9 agorot, and Danya Cebus concluded the list of losers with a 4.60% decrease to 36,270 agorot.