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Tel Aviv Stock Exchange Shares Rally 4% To Hit Record High Amid US Strikes On Iran
Tel Aviv Stock Exchange Shares Rally 4% To Hit Record High Amid US Strikes On Iran

News18

time7 hours ago

  • Business
  • News18

Tel Aviv Stock Exchange Shares Rally 4% To Hit Record High Amid US Strikes On Iran

Last Updated: Tel Aviv share: Over the past five sessions, investors have been bullish on shares of Tel Aviv Stock Exchange. Stocks are up 9.32 per cent since June 16. Tel Aviv Stock Exchange Share Price: Shares of Tel Aviv Stock Exchange hit the record high of ILA 6,490 apiece in the opening session on Sunday, June 22, following US's missiles bombardment at several locations on Iranian soil, specifically targeting nuclear sites. At the time of writing this report, shares were trading at ILA 6,367 apiece, with a gain of 4 per cent, against the previous close at ILA 6,137 apiece. The scrip opened at ILA 6,255 on Sunday. Over the past five sessions, investors have been bullish on shares of Tel Aviv Stock Exchange. Stocks are up 9.32 per cent since June 16. The benchmark TA-35 also rose on Sunday to hit the 52-week high of 2,891. The index is up 5.35 per cent in the past five sessions, despite the escalating conflict with Iran. TA-35 measures the performance of 35 large companies listed on stock exchanges in Israel. Meanwhile, another prominent index TA-125 also gained 1 per cent intraday to touch the high of 2,931. This index measures the performance of the 125 most highly capitalized companies listed on the Tel Aviv Stock Exchange. Earlier, various reports surfaced confirming that Iran missiles hit some portion of the Tel Aviv stock exchange. IRAN-ISRAEL CONFLICT ESCALATED Tensions dramatically escalated after US President Donald Trump said that the American military carried out strikes on three Iranian nuclear sites and that Tehran 'must now agree to end this war", after days of speculation over whether the United States would join its ally Israel's bombing campaign. In retaliation, Iran has launched its first salvo of ballistic missiles at Israel after the US military conducted airstrikes at three key Iranian nuclear facilities in the early hours of Sunday, marking a dramatic escalation in the West Asian conflict. Iran's state media said more than 30 ballistic missiles had been fired as sirens rang across parts of Israel, while explosions were heard in Jerusalem. The Israeli Army said it was working to intercept missiles from Iran. Israel had closed its airspace after the US strikes on Iran. First Published: June 22, 2025, 14:28 IST

News Menu, June 16: PM Modi in Canada for G7; Iran-Israel war intensifies
News Menu, June 16: PM Modi in Canada for G7; Iran-Israel war intensifies

India Today

time6 days ago

  • Business
  • India Today

News Menu, June 16: PM Modi in Canada for G7; Iran-Israel war intensifies

Good morning. On June 16, 1903, the Ford Motor Company was founded by Henry Ford, revolutionising the automotive industry and shaping modern manufacturing. India Today serves a news menu blending tragedy, geopolitics, and domestic developments, reflecting a nation and world navigating conflict, loss, and CRISIS: IRAN-ISRAEL WAR ENTERS FOURTH DAYIsrael and Iran escalated their conflict with daytime attacks on Sunday, deepening fears of a broader regional war. Israel warned residents near Iranian weapons facilities to evacuate, with an official stating a long list of targets remains. advertisement Overnight strikes killed scores, and Iran launched ballistic missiles at Israel, prompting US President Donald Trump to urge both nations to 'make a deal,' warning Tehran against targeting US assets. While Gulf markets tumbled, with all eyes on D-Street's response on escalating conflict risks destabilising the Middle East, with potential global economic fallout due to disrupted oil markets. Trump's diplomatic overtures face skepticism given the deep-seated enmity between Israel and Iran. India's neutral stance may be tested as regional tensions challenge its strategic DISPATCH: PM'S CYPRUS VISITPrime Minister Narendra Modi arrived in Cyprus on Sunday, kicking off a three-nation tour. The visit sends a diplomatic signal to Turkey, with discussions focusing on India-Cyprus ties, Canada reset, Trump tariffs, Iran-Israel tensions, and Operation Sindoor. It will culminate with It will culminate with Modi's participation in the G7 Summit in Cyprus visit strengthens India's Mediterranean outreach, countering Turkey's regional influence. Discussions on Operation Sindoor and global trade reflect India's balancing act amid geopolitical TRAGEDY: PLANE CRASH AFTERMATHRajkot prepares for the last rites of former CM Rupani with state honours on Monday, as Gujarat observes state mourning. The PM's principal secretary visited the Ahmedabad plane crash site, chairing a meeting on relief efforts and the ongoing crash amplifies public grief and scrutiny of aviation safety. The probe's findings could prompt stricter regulations for India's aviation sector. A government-constituted high-level committee, led by the Union Home Secretary, will hold its first meeting on Monday to investigate the Ahmedabad plane crash, focusing on civil aviation committee's formation signals urgency in addressing aviation vulnerabilities. Its recommendations may reshape safety protocols nationwide. Public pressure for transparency will likely intensify as the probe CHOPPER CRASH: SEVEN DEAD A helicopter crash near Kedarnath shrine killed all seven on board, including a pilot with over 15 years of Indian Army service. The AAIB will probe the incident, and Chardham yatra helicopter services are suspended for two crash disrupts the Chardham yatra, a key religious and economic activity. The pilot's military background adds a layer of national mourning. The AAIB's investigation will face scrutiny to ensure pilgrimage BRIDGE COLLAPSE: FOUR DEADadvertisementAn iron bridge over the Indrayani River in Pune collapsed, killing four and injuring over 30. NDRF leads rescue efforts, and the Maharashtra government announced 5 lakh ex-gratia for victims' families. The Home Minister spoke to the Maharashtra CM on the collapse highlights India's aging infrastructure and the need for urgent upgrades. BIHAR POLITICS: NEPOTISM ROWBihar's Leader of Opposition slammed the state government over alleged nepotism in key appointments, demanding a 'son-in-law commission.' He alleged sons-in-law of Jitan Ram Manjhi, Ashok Chaudhary, and the late Ram Vilas Paswan, had been given key positions in different nepotism allegations fuel Bihar's heated political climate ahead of polls. MONSOON MAYHEM: KERALA RED ALERTHeavy rains battered Kerala, prompting a red alert in five districts on Monday. Uprooted trees, swollen rivers, and dam shutter openings caused widespread disruptions, with schools shut in several areas. Shibi will track DEMOLITION: BATLA HOUSE TENSIONSAn Aam Aadmi Party MLA from Okhla alleged that the DDA plans a bulldozer run in Batla House on Monday, despite court stays for many demolition dispute escalates Delhi's political tensions, with AAP leveraging public High Court may hear Batla House residents' plea against a DDA demolition notice, with interim relief previously Bite: Ford's 1903 sales of 1,700 vehicles grew to 4.4 million in 2023, but its market dominance has declined. Facing EV competition from Tesla and Chinese brands, Ford's global share dropped from 20% in the 1990s to under 5%. The world has moved a lot in the past 120 years, but not in Ford's InMust Watch

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