Palo Alto Networks starts trading in Tel Aviv-35 and Tel Aviv-125 indices
Palo Alto Networks began trading on the Tel Aviv Stock Exchange’s Tel Aviv-35 and Tel Aviv-125 equity indices, marking a new step in its investment in Israel. The US cybersecurity firm, dual-listed in the US and TASE, said the move supports continued expansion and ties to Israel’s innovation community. TASE caps its index weight to comply with double-listing rules, and ETF demand is expected to drive sizable rebalancing in the indices.