Tel Aviv stocks soar to new highs on optimism over Gaza plan

Shares surged to fresh record highs on the Tel Aviv Stock Exchange Sunday, boosted by optimism over U.S. President Donald Trump’s plan to end the Gaza war and return Israeli hostages.

The benchmark TA-125 index climbed 2.3% in late morning trading and set a fresh record high—its 37th this year.

The index has gained 34% since January, driven largely by strong rallies in recent days. All major indexes hit all-time highs in morning trading, with the TA-35 marking its 40th record and the TA-90 its 31st so far this year.

According to TASE, the TA-90 and TA-125 have outpaced global indices since the start of the year, including Dow Jones, S&P 500, Nikkei, Nasdaq 100, DAX and MSCI Emerging Markets.