Market Overview
The S&P 500® remained relatively unchanged as traders awaited key macroeconomic data, including the December U.S. non-farm payrolls report. Notably, the Energy sector saw a significant increase of 3.2%, marking its best performance since April, while the Information Technology sector experienced a decline of 1.5%, largely due to a 2.2% drop in Nvidia's stock.
Sector Performance
As the first week back from the Christmas break concludes, the daily dashboard highlights the performance of various sectors. The Metals & Mining industry stood out with an impressive 84% return in 2025. Additionally, the Islamic Finance landscape is expanding, with assets under management in ETFs linked to Islamic indices reaching USD 7.3 billion by the end of October 2025.
New Index Introduction
The newly launched S&P Israel 30 LargeCap Index, which tracks the 30 largest and most liquid companies in Israel, has shown strong performance since its inception. Its valuation remains attractive, trading at a 1-Year forward P/E of 14, compared to 16 for the S&P Europe 350 and 23 for the S&P 500.
Looking Ahead
As we move forward, the market will be closely monitoring upcoming economic reports and the Federal Reserve's decisions regarding interest rates, which are expected to influence market dynamics significantly.