Stock Market Update: November 12, 2025
Market Overview
On November 12, 2025, the stock market closed higher, marking the 46th time this year that the exchange reached a new record. Despite the gains, the Fear Index rose by 9.3%. The TA-35 Index increased by 1.35%, surpassing the 3,400-point mark, while the TA-125 Index rose by 1.3%. Additionally, the Banking Index climbed by 2.1% and the Insurance Index increased by 1.1%. The trading volume reached 4.18 billion shekels, exceeding average levels.
Notable Stock Movements
Several stocks attracted attention during today’s trading session:
- Bezeq: The stock fell by 4% after Prime Minister Benjamin Netanyahu confirmed that the company would operate without a controlling core.
- ICL: The stock dropped by 3.7% due to concerns over the potential loss of its Dead Sea lstartnse.
- Prion: The stock soared by 17%, while Matrix experienced a 9.5% increase.
- Conversely, Trailight declined by 12.4%, and Israel Chemicals dropped by 5.5%.
The highest trading volumes were recorded for:
- Bank Hapoalim: 293.7 million shekels
- Bank Leumi: 272 million shekels
- Teva Pharmaceuticals: 158 million shekels
- ICL: 136 million shekels
Currency Exchange Rates
The U.S. dollar struggled to maintain a value of 3.2 shekels, briefly trading below this point. By the end of trading, the representative rate was set at 3.2 shekels per dollar, a three-and-a-half-year low. The euro closed at 3.7 shekels.
Yossi Freiman, CEO of Frico Risk Management, Financing, and Investments, commented on the trends in the currency market, saying, “The positive trend in U.S. stock markets continues to support the excess supply of foreign currency and the appreciation of the shekel. Short-term interest rates in the U.S. are declining while long-term rates are rising, indicating expectations for a decrease in short-term inflationary pressures.”
Bond Market Performance
The bond market also experienced gains, with government bonds rising by up to 0.5%. Indexed bonds increased by up to 0.9%, and longer-term bonds traded at a yield of 3.95%, just below the 4% mark, suggesting expectations for interest rate cuts. Notably, the Tel Bond 20 increased by 0.2%, Tel Bond 40 rose by 0.15%, and Tel Bond 60 also rose by 0.2%.
Economic Indicators
Recent data from the U.S. revealed weakness in small business confidence, supporting the call for expansionary measures from the central bank. Weak economic indicators from the U.K., including a drop in average hourly wages and an increase in the unemployment rate to 5% for September, further support calls for a potential interest rate cut in the near term.
For real-time updates and analysis, stay tuned to market news platforms.