Record Revenue of NIS 108 million in the Quarter, an 8% Increase, With Growth Across All Activities EBITDA Increases By 12% to NIS 49 million Revenue in the first quarter of the year NIS 108.3 million, compared to revenue of NIS 100 million in the corresponding quarter last year, an increase of 8%.  The adjusted EBITDA in the first quarter of 2024 increased by 12%, totaling NIS 48.6 million, compared to NIS 43.5 million in the corresponding quarter last year. The adjusted profit in the first quarter totaled NIS 28 million, compared to NIS 26 million in the corresponding quarter last year, an increase of 7%. The market cap of the equity market at the end of the first quarter of 2024 reached NIS 1,155 billion, 9% greater than the market cap at the end of 2023, this as a result of the increase of TASE's equity indices.  Significantly higher daily trading volumes this quarter, with a 7% increase in shares and 18% in bonds compared to the average daily trading volume in 2023. Ittai Ben Zeev, CEO of TASE, said today: "TASE is reporting strong results for the first quarter, with an all-time high in revenues and adjusted EBITDA. The results for the quarter show that even during this challenging wartime period in Israel, TASE maintains its stability and resilience and continues to achieve organic growth of all core operations. We will move forward on the path of further growth for TASE while achieving the goals we've set for ourselves, in accordance with our strategic plan for the coming years, and strengthening our international profile. Nevertheless, we do not operate in a void - now more than ever it is crucial that the Government proactively encourage investments in the Israeli capital market, which is a key component of Israel's economic and national resilience. Decisive actions must be taken to remove barriers and increase the attractivity of investment in Israel - to the public, to institutions managing the Israeli public's funds and, in particular, to global investors. Israel is an economic wonder, but its strength in the long run is dependent on its continued global and economic interaction. We must strive to reinforce the bridges that we have built and diligently continue to build with the global markets." TEL AVIV, Israel, May 22, 2024 /PRNewswire/ --  The Tel-Aviv Stock Exchange Ltd. (TASE: TASE) today announced its financial results for the first quarter ended March 31, 2024. In the first quarter of 2024, despite the country still being in the midst of the war, the market showed resilience, and the TA-35 and TA-90 indices posted a positive return of 8% and 11%, respectively, compared to an increase of 6% and 10% in the Dow Jones and S&P 500 indices in the United States. Rising equity prices also characterized most sectoral indices, with the TA-Retail Index heading the list with a 24% increase. The market cap of the equity market at the end of the quarter was NIS 1,155 billion, 9% greater than the market cap at the end of 2023, this as a result of the increase in TASE's equity indices. Trading volumes in the main trading channels increased significantly in the first quarter compared to 2023. In the equity market, trading volumes were 7% higher than the average daily trading volume for all of 2023, and averaged NIS 2.1 billion a day, despite the high volatility and high volumes that characterized trading in 2023 stemming from the unprecedented events that took place last ...