TA-35 closes 1.7 percent higher as Navitas leads oil stocks

TA-35 closed at 4,130 points after a 1.7 percent rise, with Navitas leading oil and gas shares; Israel CPI is due October 15 at 6:30 p.m.

TA-35 closed at 4,130 points at 5:24 p.m. Israel time on October 13, gaining 68 points or 1.7 percent. Navitas Petroleum led the advance after approval for its Sea Lion oil project.

Navitas rose 6.7 percent after the UK approved development of the offshore field involving Navitas and Rockhopper Exploration, Globes reported.

Why did TA-35 rise on October 13?

The index opened at 4,040.93 points and reached a high of 4,139.58. It touched a low of 4,039.30 before finishing above its 4,062.11-point base, TASE data showed.

Insurance, oil and gas, and financial stocks led the sector advance, Investing.com reported. Advancers outnumbered decliners 358 to 112, while 89 stocks finished unchanged.

TA-35 winners and losers

Winners and losers at the Tel Aviv close were listed by Investing.com:

• Navitas Petroleum up 6.7 percent: Sea Lion project approval.
• Tel Aviv Stock Exchange up 5.5 percent.
• Delek Group up 4.6 percent.
• Camtek down 4.2 percent.
• Tower Semiconductor down 1.8 percent.
• Nova down 1.4 percent.

TA-35 finishes October 13 above its base

The index turnover reached 2,513,564.24 thousand ILS. TA-35 was down 1.8 percent for October but remained up 13.7 percent year to date, according to TASE.

What comes next for TA-35

• October 15, 2026, 6:30 p.m. Israel time: Israel's September consumer price index is scheduled for release, Igal Katz says.
• October 15, 2026: Forecasts call for a 0.3 percent monthly decline and 1.8 percent annual inflation, bne IntelliNews reports.
• November 2, 2026: Tower Semiconductor is scheduled to release third-quarter results, Markets Insider says.

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