Tel Aviv, Feb 21, 2026, 09:55 (IST) — The market is closed.
- TASE Ltd finished Friday’s session 6.4% higher, ending at 15,800 agorot
- After the move to a Monday-to-Friday week, investors have turned their attention back to trading volumes.
- Bank of Israel decides on rates Monday. TASE’s full-year numbers hit March 5.
Tel Aviv Stock Exchange Ltd (TASE.TA) shares rallied 6.4% on Friday, finishing at 15,800 agorot, or 158 shekels, after dropping 4.4% in the previous session. (One shekel is 100 agorot.) (Investing.com)
Since the bourse switched its trading days to Monday through Friday, the exchange operator has increasingly served as a stand-in for bets on Israeli market flows. Dual-listed Israeli stocks are pulling in more volume locally—TASE reported a 68% surge in home trading, outpacing the 55% jump seen on Nasdaq. Economist Yuval Tsuk attributes the shift to a “home factor” pulling investors toward Tel Aviv. (Jerusalem Post)
That context is important, with the TA 35 blue-chip index adding 0.52% on Friday. NICE and Elbit Systems helped drive the gains. Bank Leumi, on the other hand, slipped. (Investing.com)
Another variable: new and dual listings. Earlier this month, Palo Alto Networks confirmed it will add a Tel Aviv listing after wrapping up its $25 billion CyberArk acquisition. The company intends to trade in Tel Aviv under the ticker “CYBR” but hasn’t specified when shares will start trading. (Reuters)
TASE Ltd’s formula isn’t complicated: higher trading volumes and a broader array of products often translate into extra fee income. The company’s quarterly figures usually move in lockstep with activity levels, not just the top-line market trend.
Even so, the trade’s momentum isn’t guaranteed. Should turnover drop off after an initial spike—or if appetite for risk dries up—the exchange operator’s shares could just as easily surrender their gains.
The schedule is packed: The Bank of Israel is set to reveal its policy verdict Monday at 4 p.m. local. Out of 13 economists Reuters surveyed, seven are projecting a 25-basis-point trim to 3.75%. “A rate cut next week is more likely than not,” said Michel Nies at Citi. But Morgan Stanley’s Georgi Deyanov flagged a caution—geopolitical risks are still front and center as a wildcard. (Reuters)
Rates don’t just move stocks; they drive trading, too. Drop rates and you’ve got support for valuations, maybe a little more action. Hold steady or shift the messaging, and suddenly those bursts of volume the exchanges count on can vanish.
TASE is set to release its fourth-quarter and full-year 2025 earnings after the market shuts on March 5, with CEO Ittai Ben-Zeev and CFO Yehuda Ben Ezra leading an English-language call at 8:30 p.m. Israeli time. (prnewswire.com)
