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Mixed trend in TA; ICL stock jumps 6%, Tower 5%

Mixed trend in TA; ICL stock jumps 6%, Tower 5%
Image: globes

TA 35 rises 0.3%, TA 90 turned to decline • ICL benefited from rise in potash, bromine and phosphate prices • Tel Aviv Stock Exchange reported over 100% jump in adjusted net profit • Bezeq…

— globes

Assessment

Tel Aviv trading shows a split between large caps and smaller stocks, with the TA-35 edging up while the TA-90 slips. ICL's surge reflects global commodity tailwinds in potash and phosphate markets. The Tel Aviv Stock Exchange's own profit jump signals robust activity, while Bezeq's cash flow improvement suggests operational health despite modest earnings growth. The divergence between indices bears watching for broader market sentiment.

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