The Tel Aviv Inventory Trade (TASE) can already declare the change to Friday buying and selling as a hit. Summing up nearly the primary quarter of 2026 and the introduction of Monay to Friday buying and selling (as a substitute of Sunday to Thursday), buying and selling volumes have jumped considerably. TASE knowledge present the typical turnover on Fridays within the inventory market (excluding ETFs) is about NIS 3.3 billion – a turnover triple the typical buying and selling on Sundays in 2025, which was solely NIS 1.1 billion.
International traders are answerable for a good portion of the bounce in buying and selling volumes on the TASE. This was the goal of the introduction of Friday buying and selling by TASE CEO Itay Ben Zeev – to align with the routine buying and selling week for the world’s inventory exchanges and improve the attractiveness of the Israeli market within the eyes of foreigners. The info present that the share of overseas traders on Fridays is 44% of day by day buying and selling, in contrast with solely 15% in buying and selling on Sundays final yr.
TASE analysis unit head Hadar Romano says, “The size of overseas buying and selling exercise has elevated, amongst different issues, following the transition to a Monday-Friday buying and selling format, which contributes to deepening liquidity out there.”
TASE knowledge additionally present that overseas traders have deepened their buying and selling exercise in Tel Aviv all through the struggle, which broke on the final day of February. In line with TASE knowledge seen by “Globes,” the share of overseas traders in day by day buying and selling on the TASE jumped from 35% earlier than the struggle to 41% of buying and selling in the course of the struggle. The remainder of the buying and selling is split between institutional traders, retail traders, nostro entities and others. Furthermore, the share of overseas traders in buying and selling has elevated at a time when total buying and selling quantity has elevated.
From the start of 2026 till the struggle, the share of foreigners in buying and selling on the TASE stood at NIS 1.2 billion per day (out of a mean day by day turnover of NIS 3.8 billion, excluding ETFs), whereas because the starting of the struggle, their share has jumped to NIS 1.9 billion per day, out of a mean day by day buying and selling turnover of NIS 4.6 billion, excluding ETFs.
“They actually like arbitrage exercise”
In line with TASE knowledge, within the first two weeks of the preventing, these overseas traders offered shares, primarily within the banking sector, after pouring giant sums into it in 2024. However final week they returned to purchasing shares in Tel Aviv.
Romano says, “The transfer to buying and selling on Fridays improved the general buying and selling quantity, however significantly affected dual-traded shares (these traded each in Tel Aviv and on Wall Road).” Thus, the share of foreigners in buying and selling in these shares on Fridays jumped to 48% of the overall turnover, in contrast with solely 16% in twin buying and selling on Sundays. Accordingly, the overall turnover in dual-traded shares in Tel Aviv on Fridays jumped threefold, from NIS 255 million on Sundays final yr to about NIS 1 billion on Fridays – nearly half of it was as a result of overseas traders.
Romano provides, “The change in buying and selling days was additionally made in order that traders might reply to abroad markets as early as Friday. Foreigners actually like arbitrage exercise. It permits them to make fast earnings and reap the benefits of the hole in buying and selling hours between abroad and Israel. When buying and selling was on Sunday, they responded as soon as to buying and selling on Thursday and Friday abroad, now they’ll reply as early as Friday and generate fast earnings for themselves.”
An additional examination performed by the TASE analysis unit evaluating twin buying and selling knowledge between the TASE and overseas discovered that buying and selling volumes of dual-traded shares elevated in Tel Aviv by about 94% because the begin of 2026, whereas overseas the rise in turnover in the identical shares is about 84%.
Coming quickly: Extra dual-traded shares in Tel Aviv?
The increase in buying and selling in dual-traded shares is necessary to the TASE for one more cause. Following the current itemizing of US cybersecurity big Palo Alto Networks in Tel Aviv TASE VP financial division Ron Klein explains, “We’re seeing a really important improve in firms contacting us relating to twin itemizing. I cautiously estimate that this yr we’ll see a big variety of new twin itemizing firms. If in earlier years there have been zero, or one or two of those, at present there may be curiosity that was not there earlier than, and in addition concrete plans from massive firms to hold out twin itemizing.”
When requested how a lot is a “important quantity,” Klein declines to elaborate, however it may be assumed that they will surely be comfortable if the quantity is 8-9 new twin itemizing firms.
The TASE claims that, in parallel with twin itemizing firms, personal Israeli firms, which beforehand aimed toward Wall Road, are additionally thinking about itemizing for buying and selling in Tel Aviv. “Corporations price $1-3 billion wouldn’t have checked out Tel Aviv up to now, however at present, when the median worth in Wall Road IPOs has already reached $6 billion, these Israeli firms are already trying on the TASE and perceive that that is the related enviornment for the stage they’re in,” says Klein. In line with him, “Prior to now, overseas funding banks needed to persuade firms to go public in Tel Aviv, and at present the businesses already need it themselves.”
Revealed by Globes, Israel enterprise information – en.globes.co.il – on March 24, 2026.
© Copyright of Globes Writer Itonut (1983) Ltd., 2026.
