Tel Aviv Stock Exchange Sees Sharp Drop amid Rising Political, Security Tensions
The Tel Aviv Stock Exchange experienced a sharp decline today, Tuesday, amidst escalating political and security tensions, with the Israeli government considering expanding its military operations in Gaza.
The Tel Aviv 35 Index dropped by 1.50%, reaching 2945.40 points, while the Tel Aviv 125 Index fell by 1.89%, closing at 2993.16 points. The Blotek Global Index also saw a decrease of 1.01%, reaching 526.23 points, and the "All Bond" corporate bond index dropped by 0.12%, ending at 408.53 points.
The total trading volume amounted to 4.45 billion shekels in stocks and 2.91 billion shekels in bonds, reflecting investor uncertainty amid the ongoing political and security crisis.
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