Elbit Systems Ltd., a key defense supplier, propelled the Tel Aviv Stock Exchange 35 Index to recover from earlier losses and reach its intraday peak. Initially, the index had dropped by 1.5%, but it ultimately closed up by 0.4%.
Elbit Systems (ESLT, Financial), known for manufacturing rockets and drones for the Israeli military, saw its stock rise by 6.1%, contributing significantly to the index's rebound.