Tel-Aviv Stock Exchange is trading 4.65% up at $13730 after Bank of Israel unexpectedly cut its benchmark rate by 25 basis points to 3.25% on September 1, 2026.
- Third consecutive cut amid subdued inflation; Israeli equities gained, supporting a positive macro backdrop for the exchange operator.
- Trading activity appears strong; stock substantially outperforms recent daily moves. Catalyst: macroeconomic, not company-specific.
- Further gains may depend on broader Israeli market sentiment and expectations for additional rate cuts.