The Tel Aviv Stock Exchange closed at all-time highs on Tuesday, September 30, as investors responded positively to US President Donald Trump’s peace plan aimed at halting the war in Gaza.
The benchmark TA-125 index gained 3.1%, while the blue-chip TA-35 index rose 2.8%. The TA-90 index, which tracks large-cap shares outside the TA-35, advanced 4%. Sectoral indices also surged, with the TA-Insurance index climbing 6.5% and the TA-Construction index jumping 7.6%.
The rally came after the White House released a peace framework following President Trump’s meeting with Israeli Prime Minister Benjamin Netanyahu. The plan calls for an immediate ceasefire, a staged Israeli withdrawal from Gaza, an exchange of hostages for prisoners, Hamas disarmament, and the establishment of a transitional government under an international body.
Trump, speaking alongside Netanyahu, described the deal as “beyond very close” but stressed that Israel would have “full US support” if Hamas rejected the proposal. The announcement is being viewed as Washington’s most ambitious attempt to broker peace in the region, marking Netanyahu’s fourth visit to the White House since Trump assumed office earlier this year.