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Tel Aviv Stock Exchange Surges in Successful Year Driven by Insurance and Tech Giants
The Tel Aviv Stock Exchange saw a significant surge in its market value and trading volumes over the past year, driven by strong performance in insurance and technology sectors, including the listing of Palo Alto Networks. A shift to a Monday-Friday trading week also boosted foreign investment.
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What happened
- 01Tel Aviv Stock Exchange market value rose 82% to 3.1 trillion shekels.
- 02Insurance sector index surged 94.5%, leading sector performance.
- 03Palo Alto Networks' listing significantly boosted market capitalization.
- 04Trading volume increased 58% following a shift to a global trading week.
- 05New indices were added, including those for defense and energy.
The coverage
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- Other3
How it broke
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