#Israel #Tel Aviv #TASE #TA-Technology 35 #TA-Israel Energy

TASE Expands Its Index Range with New Offerings

The Tel Aviv Stock Exchange (TASE) is set to broaden its investment landscape by launching two new equity indices: the TA-Technology 35 and the TA-Israel Energy Index. This initiative, anticipated for February 6, 2026, is designed to meet the growing interests of both local and international investors while enhancing market liquidity and competitiveness.

New Indices to Boost Investor Options

This strategic move follows the unveiling of five new equity indices and three bond indices over the past six months, including the TA-Real Estate 35 and the TA-Infrastructures indices. By introducing these new indices, TASE aims to cater to the diverse preferences of investors, allowing them to explore a wider array of investment products.

Investment firms and insurance companies are expected to develop specialized tracking products aligned with these indices, thereby expanding public investment opportunities. Potential new offerings will enhance the market’s depth and enable investors to diversify their portfolios effectively.

TA-Technology 35 Index: The New Benchmark for Tech

The TA-Technology 35 Index is modeled after the successful TA-35 index and aims to serve as a fundamental index for leading technology companies within Israel. It will feature the 35 shares with the highest market capitalization in the TA-Technology index, akin to the Nasdaq 100 in the U.S.

Expected to include prominent firms with a collective market cap exceeding NIS 424 billion, this index will help highlight Israel’s technological prowess. The largest anticipated inclusion is Elbit Systems, valued at around NIS 105 billion, while the smallest, Perrion Networks, has a market cap of NIS 1.2 billion. This index will not only enhance liquidity but will also enable institutional investors to engage in more competitive market strategies, paving the way for future derivative products.

Currently, the TA-Technology index represents a mere NIS 863 million in investments, which illustrates an opportunity for growth considering its market cap parallels that of major banks, tracked by NIS 40 billion in investment products.

TA-Israel Energy Index: A Comprehensive Sector Overview

In a significant move, the TA-Israel Energy Index aims to encapsulate the entirety of the energy sector within TASE for the first time. This index will encompass fossil fuels, oil and gas exploration, and renewable energies, providing a holistic view of Israel's energy landscape. Expected to feature 27 significant companies across various energy fields—including electricity generation and refining—the new index will have a combined market cap of over NIS 219 billion.

The market cap requirement for inclusion is set at NIS 500 million, while the largest firms anticipated to be part of the index each boast valuations exceeding NIS 10 billion. To maintain a balanced representation, companies incorporated in Israel will be capped at 7%, whereas those with an Israeli orientation but incorporated abroad will be limited to 3%.

The anticipated allocation at launch suggests 35% from oil and gas exploration, 36% from renewable sources, and 29% from traditional energy production. With the green energy sector garnering momentum, Israeli firms are leading significant projects across the globe, further fostering a robust local market opportunity. TASE recognizes the need for direct investment access to the energy sector, promoting diversification in this critical area.

Conclusion

The launch of the TA-Technology 35 and TA-Israel Energy indices marks a pivotal moment for TASE, reflecting its commitment to innovation and growth in the financial market. Investors are poised to benefit from these new indices, enhancing their investment strategies while supporting the burgeoning tech and energy industries in Israel. TASE remains optimistic about rolling out additional indices in the upcoming year, continuing its trajectory of expansion and innovation in the capital markets.