March 18, 2026
BREAKING
Israel Shares Higher at Close; TA-35 Up 0.57%
Israel shares closed higher today with advancing stocks outnumbering declining ones 290 to 183 on the Tel Aviv Stock Exchange. The TA-35 index gained momentum throughout the trading session, closing at 4,211.82.
Strong performance from technology and defense sectors led the charge, with dual-listed tech companies showing particular strength. The positive momentum comes amid continued investor confidence in Israel's resilient economy.
Market breadth remained healthy with 78 stocks unchanged, indicating steady trading conditions across the board.
March 18, 2026
NEW INDICES
TASE Launches TA-Technology 35 and TA-Israel Energy Indices
The Tel Aviv Stock Exchange (TASE) has officially launched two new equity indices, effective February 6, 2026, expanding its range of investment products for both institutional and retail investors.
The TA-Technology 35 Index will track the 35 largest technology companies by market capitalization from the broader TA-Technology Index. With a combined market cap of over NIS 424 billion, the index includes major players like Elbit Systems (NIS 105B) and Perrion Networks (NIS 1.2B).
The TA-Israel Energy Index will track all energy companies listed on TASE, providing investors with targeted exposure to Israel's growing energy sector.
"These new indices follow the growing interest shown by local and foreign investors in these sectors," said TASE officials. "They are designed to provide investors with a wider variety of investment products and increase competition in the capital market."
March 17, 2026
RECORD
Palo Alto Networks Becomes TASE's Most Valued Company at $115 Billion
In a historic shift for the Tel Aviv Stock Exchange, Palo Alto Networks (NASDAQ: PANW) has surpassed Teva Pharmaceuticals to become the company with the highest market capitalization on TASE.
Palo Alto Networks now commands a market cap of $115 billion, significantly ahead of Teva's $40 billion. This marks the first time a technology company has overtaken the long-standing pharmaceutical giant as Israel's most valuable listed firm.
The milestone reflects the growing dominance of cybersecurity and technology sectors in Israel's economy, as well as increasing global demand for enterprise security solutions.
March 16, 2026
IPO
Smart Shooter Plans NIS 200 Million IPO on TASE
Defense technology company Smart Shooter has announced plans to list on the Tel Aviv Stock Exchange, seeking to raise NIS 200 million through an initial public offering.
The company, which specializes in advanced weapon sighting systems and fire control solutions, aims to capitalize on growing investor interest in Israeli defense companies following recent regional security developments.
Smart Shooter's technology is used by military and law enforcement agencies worldwide, and the company has seen increased demand for its products amid rising defense spending globally.
March 15, 2026
IPO
Prodalim Targets NIS 2-2.5 Billion Valuation in TASE IPO
Natural food and beverage flavors giant Prodalim is preparing for an IPO on the Tel Aviv Stock Exchange, targeting a valuation between NIS 2-2.5 billion.
The company, controlled by the family of former Shin Bet chief Ronen Bar, specializes in natural flavors for the food and beverage industry. The planned listing highlights continued appetite for consumer goods companies on TASE.
Prodalim's IPO would add to the growing list of consumer-focused companies choosing to go public on the Israeli exchange.
