Winning Bizness Desk
Mumbai. On Sunday, June 22, Israeli markets surged after the United States launched airstrikes on several Iranian nuclear facilities. Shares of the Tel Aviv Stock Exchange itself soared 4 per cent, briefly touching a record ILA 6,490 before settling around ILA 6,367. This marked a significant jump from the previous close of ILA 6,137, with the scrip launching the day at ILA 6,255.
Short‑term gains add up
The exchange’s rally was not a one‑off surge. Over the past five sessions—from June 16 to June 22—the share price of the Tel Aviv Stock Exchange climbed a total of 9.3 per cent, reflecting growing investor optimism. Meanwhile, the broader market also strengthened amid rising confidence in Israel’s ability to manage regional tensions.
Milestone reached by TA‑35
The benchmark TA‑35 index, representing Israel’s 35 leading companies, reached a fresh 52‑week high of 2,891 during Sunday’s trade. This index is up around 5.35 per cent over the same five‑day period, signalling strong demand for blue‑chip stocks despite ongoing geopolitical strain.
Wider strength in TA‑125
The broader TA‑125 index, which tracks the 125 largest Israeli firms, showed a more modest intraday rise of 1 per cent, reaching a new peak of 2,931. Its resilience suggests both institutional and retail investors remain bullish across a range of market sectors.
Conflict intensifies
The surge came amid dramatic escalations in the Israel‑Iran conflict. According to reports, Iran launched more than 30 ballistic missiles toward Israel in retaliation, prompting sirens and interceptions across Jerusalem and Tel Aviv. Israel retaliated, including strikes on Iran’s nuclear infrastructure.
Despite the overt military engagement—including reported missile damage to the stock‑exchange building—investors appear to have taken these developments in stride. Analysts suggest markets are treating the strikes as part of a broader recalibration: stronger military postures may, paradoxically, reduce uncertainty by setting clearer terms for the conflict.
In a nutshell
U.S. strikes on Iranian nuclear sites on June 22 sparked a sharp 4 % rally in Tel Aviv Stock Exchange shares.
Trading hit a historic ILA 6,490 high before settling around ILA 6,367.
Shares have risen ~9.3 % over the past five sessions (June 16–22).
TA‑35 index reached a 52‑week high of 2,891, up ~5.35 % in the same five‑day span.
TA‑125 index also climbed, reaching 2,931 (+1 % intraday).
More than 30 Iranian ballistic missiles targeted Israel in retaliation.
TA‑125 index also climbed, reaching 2,931 (+1 % intraday).
Despite the military escalation—including reported missile damage to the stock‑exchange building—markets remain surprisingly upbeat.
