Israel's markets surge as Tel Aviv 35 jumps and shekel strengthens

5 articles · Updated · CNBC · Apr 30

The benchmark index is up about 20% in 2026 and the shekel nearly 7%, while the Bank of Israel still forecasts 3.8% economic growth after a downgrade.
Analysts credit resilient tech and defence exports, low inflation and major cybersecurity deals, including Google's $32bn Wiz purchase and Palo Alto Networks' $25bn CyberArk acquisition completed in March.
The gains come despite nearly three years of conflict, with economists warning labour shortages, weaker consumer spending and tourism losses could deepen if ceasefires fail and regional tensions persist.

Is Israel's conflict-driven economic boom a sustainable model or a precarious bubble?

Can massive foreign investments truly secure an economy facing a multi-front regional war?