Israeli Stock Market Closed Due to Holiday Observance
Memorial Day Observance Closes Israel Stock Market
The Tel Aviv Stock Exchange (TASE) is closed for trading on Tuesday, April 21, and will remain halted on Wednesday, April 22, in observance of Israel's Memorial Day (Yom HaZikaron) and Independence Day (Yom Ha’atzmaut), respectively. This annual observance honors fallen soldiers and victims of terrorism before celebrating the nation's founding in 1948.
The holiday calendar lists April 21 and 22 as trading holidays, a tradition observed by the Tel Aviv Stock Exchange. Normal trading will resume on Thursday, April 23. Israel's Memorial Day begins at sundown on April 20, marked by ceremonies, a nationwide siren, and restricted public activities. It will transition into Independence Day festivities, including fireworks and parades.
Despite geopolitical tensions, Israel's stock market has shown resilience. The TA-35 index has rallied over 2% in one month, and has jumped 40% over the past six months. On a year-to-date (YTD) basis, the index is up 20%, while it has surged 80% in one year.
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| Index | 1-Month Change | 6-Month Change | YTD Change | 1-Year Change |
|---|---|---|---|---|
| TA-35 | 2% | 40% | 20% | 80% |
On Monday, the Israel stock market ended higher, led by gains in the Technology and Communication stocks. At the close in Tel Aviv, the TA 35 rose 0.53%.
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