El Al, Doral to hitch Tel Aviv 35 Index

It’s now official and closing: El Al Israel Airways and Doral Group Renewable Power Sources have achieved a historic milestone, securing their locations within the Tel Aviv Inventory Change’s flagship index, the Tel Aviv 35, for the primary time. The 2 corporations, which had been the frontrunners all through many of the measurement interval, will accede to their elevated standing within the semi-annual index replace, set to take impact in November.

The present index revision was uncommon in that the Tel Aviv 35 checklist truly contained 36 shares, following the fast addition of cybersecurity large Palo Alto Networks in August. In accordance with the index guidelines, three shares at the moment are being relegated from the highest tier, whereas solely two, Doral and El Al, are promoted to it.

In response to knowledge from the software program agency SmartBull, which supplies real-time forecasts of index modifications, Doral certified for inclusion within the ten-day “dedication interval” with a median market cap of NIS 11.55 billion. El Al adopted intently, with a median market cap of NIS 11.05 billion. Two different contenders, Energix (NIS 10.79 billion) and lodge chain Fattal (NIS 10.4 billion), fell brief and didn’t qualify.

The shares leaving the index and transferring to the Tel Aviv 90 checklist are YH Dimri Development and Improvement, Shufersal, and Kenon Holdings.

The modifications to the index composition will take impact on November 5, and will probably be accompanied by shopping for and promoting in giant volumes f the newly promoted and relegated shares by exchange-traded funds (ETFs) that monitor the indices.

Printed by Globes, Israel enterprise information – en.globes.co.il – on October 15, 2026.