#Israel #Tel Aviv #Financial Growth #TASE #Tel Aviv Stock Exchange

Tel Aviv Stock Exchange's Impressive Q2 2025 Financial Results

The Tel Aviv Stock Exchange (TASE) has reported extraordinary growth in its financial results for the second quarter and the first half of 2025, signifying a robust performance despite ongoing geopolitical and economic challenges in the region. The figures clearly reflect TASE's resilience and potential, as they continue to build upon the strong foundations of the Israeli economy.

In Q2 2025, TASE achieved a remarkable 29% growth in revenue, bringing in a total of NIS 136.1 million compared to NIS 105.1 million in the same quarter last year. This impressive result is complemented by a staggering 80% increase in profit, which soared to NIS 43.6 million, up from NIS 24.3 million a year earlier. Adjusted EBITDA also demonstrated strength with an increase of 56%, reaching NIS 71.6 million, which further contributed to an improved EBITDA margin of 52.6%—a noteworthy increase from 43.6% year-on-year.

Breakthrough Achievements

The first half of 2025 has seen TASE notch several records. A total of nine new companies successfully completed IPOs, nearly doubling the number from the entirety of 2024. By the end of Q2 2025, TASE's equity market capitalization reached NIS 1.7 trillion, marking a 21% rise compared to the previous year-end.

Trading volumes on the exchange surged to unprecedented levels, characterized by a 40% jump, with an average daily trading volume rising to NIS 3.2 billion compared to NIS 2.2 billion in Q2 2024. This phenomenal increase can be attributed to a significant uptick in retail and foreign investor participation in the market.

In the context of retail investment, approximately NIS 8.4 billion was injected into equity markets during the first half of 2025, more than twice the amount seen in the latter half of 2024. Moreover, foreign investors contributed a net total of NIS 9.5 billion to the TASE indices, a marked increase that reflects growing confidence in the Israeli market.

Future Directions

Ittai Ben Zeev, CEO of TASE, pointed to the resilience highlighted in the Q2 financial statements, attributing it to the steadfast foundations of the Israeli economy in a challenging climate influenced by ongoing conflicts, including the October 7 War and a recent confrontation with Iran. He emphasized strengthening TASE's liquidity and marketability, promising ongoing development and investment in enhancing the local capital market.

In alignment with its strategic objectives, TASE is preparing for a transition, planning to shift to a Monday-Friday trading week starting January 5, 2026. This strategic move aims to strengthen its integration with global markets, thereby attracting foreign investments.

Further advancements include the introduction of Trading at Last (TAL), a new trading phase starting August 10, 2025, which will allow end-of-day trades at closing prices post-auction. Additionally, TASE is set to roll out an AI-powered translation tool for company reports, facilitating better access to information for global investors.

Looking Ahead

The positive trajectory seen across TASE's operations showcases its commitment to innovation and growth, as it navigates and adapts to the fluctuating economic landscape. The strong performance in Q2 2025 and a proactive approach to market development underscore TASE's intention to cement its status as a leading player in the global capital markets.

With a promising outlook, TASE's financial results serve as a testament not just to its resilience, but also to its broader ambitions in elevating the Israeli economy on the global stage. Investors remain optimistic about the future, as TASE continues to expand its operational capabilities and enhance its attractiveness as a capital market destination.