Index Update on the Exchange: Trading Volume of NIS 19.4 Billion and Gains in Indices

In depth

According to Channel 14, the update to the Tel Aviv Stock Exchange indices takes effect this evening, after the close of trading, and in the flagship TA-35 index Al Al will join for the first time. According to Ice, trading volume on the update day stood at NIS 19.4 billion, compared with expectations of NIS 18 billion.

According to Ice, this is the second highest daily volume in the past decade. According to Bizportal, Teva, Palo Alto and Tower are expected to concentrate most of the activity, and Al Al and Doral may absorb supply, while Demri, Shufersal and Kenon, which are dropping to the TA-90, may benefit from demand.