TA-35 ends 0.1 percent lower as Tower shares sink

TA-35 closed at 4,156.68 points on October 15, losing 6 points or 0.1 percent. Technology shares led the decline, with the Tel Aviv Technology Index down 1.6 percent, Globes reported.

Elbit Systems rose 5.4 percent, while Tower Semiconductor fell 7.6 percent. The move left the benchmark lower despite 256 advancing stocks against 207 decliners on the Tel Aviv Stock Exchange.

Why did TA-35 slip on October 15?

Losses in oil and gas, insurance and technology shares led the market lower, according to Investing.com. The technology sector fell as Tower Semiconductor, Camtek and Nova ranked among the session's weakest index members.

Crude oil for November delivery rose 1.8 percent to USD 96.78, while the US dollar rose 0.2 percent against the shekel, the same market data showed.

Winners and losers in TA-35

Winners and losers at the close, based on Investing.com:

• Elbit Systems up 5.4 percent
• Big Shopping Centers up 2.5 percent
• Shapir Engineering and Industry up 2.4 percent
• Tower Semiconductor down 7.6 percent
• Camtek down 6.5 percent
• Nova down 4.9 percent

TA-35 composition changes move closer

El Al and Doral will join TA-35 for the semiannual index update. YH Dimri, Shufersal and Kenon Holdings will leave the benchmark, Globes said. The changes take effect on November 5, 2026, with index-tracking funds expected to trade the affected shares.

What comes next for TA-35

The next scheduled change is the November 5, 2026, index update, when El Al and Doral enter TA-35 and three companies move to TA-90, Globes reports.

More market reports and analysis on the TA-35