Tel Aviv Stock Exchange Ends Lower Amid Broad Market Declines
Translated & summarized from Ice by baba
The Tel Aviv Stock Exchange closed Wednesday with major indices falling, including the TA-35 by 1.96% and TA-125 by 1.86%. R.P. Optical was the day's biggest loser, with its stock dropping nearly 8%. In contrast, Doral Energy shares climbed over 9.5%. Meanwhile, AudioCodes reported mixed financial results, and global markets showed declines in Asian trading and futures.
The story in 5 lines · by baba
- Tel Aviv Stock Exchange indices TA-35 and TA-125 fell 1.96% and 1.86% respectively.
- R.P. Optical stock plunged 7.97%, making it the day's largest decliner.
- Doral Energy shares led the market with a 9.50% increase.
- AudioCodes reported revenue growth but a decline in adjusted net profit.
- Asian markets and U.S. futures indicated a negative start to trading.
The Tel Aviv Stock Exchange concluded Wednesday's trading session with significant drops in its main indices. The TA-35 index fell by 1.96% to close at 3,969.53 points, and the TA-125 index decreased by 1.86% to 3,849.08 points. The TA-90 index also saw a decline of approximately 2%. Sector-specific indices experienced notable losses, with the Banks index down 2.1%, Insurance down 3.5%, and Real Estate down about 2%.
Among the day's top performers, Doral Energy's stock rose by 9.50% to 5,969 agorot. Electra Real Estate followed with a 7.39% increase to 1,584 agorot, and Enlight Energy gained 6.06% to reach 21,880 agorot. Arik Industries and Nofar Energy also posted gains of 4.39% and 3.70% respectively.
On the downside, R.P. Optical was the biggest loser, with its stock plummeting 7.97% to 3,117 agorot. Camtek saw a decrease of 7.76%, and Lahav's shares dropped 6.94%. PriorTech and Wishor Globaltech also registered losses of 6.07% and 5.85%.
In parallel, AudioCodes, traded on NASDAQ, reported growth in third-quarter revenue and net profit for 2026, driven by its cloud and voice AI services. However, its adjusted net profit declined year-over-year, and liquid financial assets decreased due to share buybacks and dividend payouts. This comes after a mixed performance on Wall Street Tuesday, where the NASDAQ rose 0.8% and the S&P 500 added 0.4%, while the Dow Jones fell 0.4%. AMD reported strong quarterly earnings, with a 45% revenue increase and a 97% surge in data center revenues. Asian markets opened lower, with Japan's Nikkei down 3% and South Korea's Kospi down 1.6%. Futures for the S&P 500 and NASDAQ also indicated a weaker start to U.S. trading.
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