El Al Israel Airlines is trading 4.5% down today at ₪1,561.00 as the stock undergoes a period of consolidation following a recent sharp rally.
- The pullback follows a 15.1% gain to ₪1,635.00, which was driven by falling energy prices and improving margin expectations.
- Recent strength was supported by broader momentum across airline stocks and lower fuel costs.
- Market analysts view the current decline as profit-taking after the stock's significant outperformance in previous sessions.