Tue: Insurance stocks drag TASE sharply lower

Insurance stocks and banks led the selloff as Camtek bucked the market.

The Tel Aviv Stock Exchange fell sharply today. The Tel Aviv 35 Index fell 1.75% to 4,169 points, the Tel Aviv 125 Index fell 2.10% to 4,116.35 points; and the BlueTech Global Index fell 0.96% to 664.40 points. The All Bond corporate bond index fell 0.17% to 423.61 points. Turnover totaled NIS 4.65 billion in equities and NIS 6.01 billion in bonds.

On the foreign exchange market, the representative shekel-dollar rate was set 0.288% lower from Monday, at NIS 3.114/$, and the representative shekel-euro rate was set 0.253% lower, at NIS 3.669/€.

Insurance stocks fell sharply today. Migdal Insurance and Financial Holdings (TASE: MGDL) fell 8.73% for the biggest fall on the Tel Aviv 35 Index today. Menora Mivtachim Holdings (TASE: MMHD) fell 8.66%, Clal Insurance Enterprise Holdings (TASE: CLIS) fell 7.89% and Phoenix Finance (TASE: PHOE) fell 6.81%. Next Vision (TASE: NXSN) fell 3% and Enlight Renewable Energy (Nasdaq: ENLT; TASE: ENLT) fell 3.13%.

Bank Hapoalim (TASE: POLI) fell 2.39%, Bank Leumi (TASE: LUMI) fell 1.56% and Israel Discount Bank (TASE: DSCT) fell 2.18%.

Camtek (Nasdaq: CAMT; TASE: CAMT) rose 9.05% for the biggest rise on the Tel Aviv 35 Index today and Nova Ltd. (Nasdaq:NVMI; TASE:NVMI) rose 1.73%. Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) led the market, rising 0.50% on the day’s biggest trading turnover and Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 0.86%.

Published by Globes, Israel business news - en.globes.co.il - on February 24, 2026.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2026.

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