Clal Insurance buys USD 248.40 million stake: Clal Insurance stock values ILS 23.3 billion

Published on 10/19/2026 at 10:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Clal Insurance stock was ILA 28,770.00 on October 19, 2026, below ILA 30,490.00. H1 2026 core income was NIS 1.318 billion, equity NIS 11.5 billion.

Ownership and earnings shape Clal

On October 17, 2026, Clal Insurance acquired 665,910 Microsoft shares worth USD 248.40 million.
First-half 2026 core income was NIS 1.318 billion, while Max contributed NIS 1.087 billion.
Clal Insurance stock stood at ILA 28,770.00 at 11:41 a.m. IDT at TASE on October 19, 2026.

Clal Insurance, IL0002240146, Illustration mit AI erstellt.

Clal Insurance (ISIN IL0002240146) bought 665,910 Microsoft shares worth USD 248.40 million in the second quarter, according to MarketBeat on October 17, 2026. The holding represented about 1.1 percent of Clal's investment portfolio and ranked as its 19th-largest position.

What does the investment add?

The Microsoft purchase gives Clal's investment arm a sizable technology holding, but the company remains primarily an insurance and financial-services group. Its investor-relations page reports NIS 1.318 billion in pre-tax core income and NIS 1.050 billion in comprehensive income for the first half of 2026, alongside NIS 11.5 billion of shareholders' equity and NIS 456 billion of assets under management.

The same page shows that Max, Clal's credit-card business, delivered NIS 1.087 billion in pre-tax core income and NIS 160 million in net income for the first half of 2026. Max's NIS 14 billion credit portfolio and 14.0 percent return on equity add a second quantified earnings engine to the group picture, according to Clal Insurance.

Three dates shape the story

On September 23, 2026, Clal examined an investment covering 18 to 20 percent of Value Base at a NIS 600 million valuation, as reported by Public Technologies. On October 15, 2026, the capital-markets supervisor established a special arrangement for appointing three directors at Clal Insurance, according to Fiksman. The October 17 Microsoft filing then added 665,910 shares worth USD 248.40 million to the recent chronology.

What dates come next?

The next scheduled earnings date is December 2, 2026, according to TradingView. Until then, the investment mix and first-half profit contribution provide the clearest quantified markers for the group.

Stock value and trading context

Clal Insurance had a market capitalization of ILS 23.3 billion as of October 19, 2026. Its TASE quote stood at ILA 28,770.00 at 11:41 a.m. IDT on the same date, versus a 52-week range of ILA 15,480.00 to ILA 30,490.00. The quote was 5.64 percent below the 52-week high, calculated from the same figures.