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Economic Times
23-06-2025
- Business
- Economic Times
Tel Aviv shares hit record highs after US strikes Iran nuclear sites
Israeli stocks surged to record highs following U.S. strikes on Iranian nuclear sites, perceived by investors as a significant step in preventing Iran's nuclear weapons development. The Tel Aviv 125 index climbed 1.8%, marking a nearly 8% gain for the week, while the TA-35 rose 1.5%. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads obliterated Israeli stocks hit record highs on Sunday after the U.S attacked Iran's nuclear sites in strikes investors believe would likely prevent Tehran from developing nuclear weapons anytime broad Tel Aviv 125 index closed 1.8% higher, extending gains to nearly 8% the past week, while the blue-chip TA-35 gained 1.5%.On the heels of Israeli strikes in Iran, shares rose during all five sessions last week, gaining some 6%, as Israel hit Iranian nuclear and military targets prior to Saturday's surprise U.S. attacks."The destruction of Iran's key nuclear facilities by the U.S. military is, of course, a positive development ... in terms of improving the regional security environment and reducing Iran's military and nuclear capabilities," said Mizrahi Tefahot chief markets economist Ronen Menachem . "It's a game-changer."Israel began its punishing attacks on Iranian nuclear facilities, ballistic missile factories and military commanders on June 13, which have been met with retaliatory Iranian strikes against Israel.U.S. President Donald Trump said he had "" Iran's main nuclear sites in strikes overnight with massive bunker busting bombs, joining an Israeli assault in a significant new escalation of conflict in the Middle vowed to defend itself, and responded with a volley of missiles at Israel that wounded scores of people and destroyed buildings in Tel Aviv on for more than a week, local markets have cheered Israel's actions in addition to gains in shares, government bond prices have risen, the shekel has appreciated and Israel's risk premium has edged prices increased as much as 0.2% on Sunday. The shekel does not trade on Sunday but it has rallied from 3.61 per dollar on June 11 to 3.48 on Friday and is up some 1% this month."Looking at the medium- to long-term - which is relevant for many strategic investors - this could represent a genuine opportunity, possibly related to the prospect of closer ties between the Saudi and American axis," Menachem said."The question is whether and to what extent last week's sharp market gains already priced it in. A plausible scenario includes, at least in the initial response, further increases in equities, corporate bonds, and government bonds."
Time of India
23-06-2025
- Business
- Time of India
Tel Aviv shares hit record highs after US strikes Iran nuclear sites
Israeli stocks hit record highs on Sunday after the U.S attacked Iran's nuclear sites in strikes investors believe would likely prevent Tehran from developing nuclear weapons anytime soon. The broad Tel Aviv 125 index closed 1.8% higher, extending gains to nearly 8% the past week, while the blue-chip TA-35 gained 1.5%. On the heels of Israeli strikes in Iran, shares rose during all five sessions last week, gaining some 6%, as Israel hit Iranian nuclear and military targets prior to Saturday's surprise U.S. attacks. "The destruction of Iran's key nuclear facilities by the U.S. military is, of course, a positive development ... in terms of improving the regional security environment and reducing Iran's military and nuclear capabilities," said Mizrahi Tefahot chief markets economist Ronen Menachem . "It's a game-changer." Israel began its punishing attacks on Iranian nuclear facilities, ballistic missile factories and military commanders on June 13, which have been met with retaliatory Iranian strikes against Israel. Live Events U.S. President Donald Trump said he had " obliterated " Iran's main nuclear sites in strikes overnight with massive bunker busting bombs, joining an Israeli assault in a significant new escalation of conflict in the Middle East. Tehran vowed to defend itself, and responded with a volley of missiles at Israel that wounded scores of people and destroyed buildings in Tel Aviv on Sunday. Still, for more than a week, local markets have cheered Israel's actions in Iran. In addition to gains in shares, government bond prices have risen, the shekel has appreciated and Israel's risk premium has edged lower. Bond prices increased as much as 0.2% on Sunday. The shekel does not trade on Sunday but it has rallied from 3.61 per dollar on June 11 to 3.48 on Friday and is up some 1% this month. "Looking at the medium- to long-term - which is relevant for many strategic investors - this could represent a genuine opportunity, possibly related to the prospect of closer ties between the Saudi and American axis," Menachem said. "The question is whether and to what extent last week's sharp market gains already priced it in. A plausible scenario includes, at least in the initial response, further increases in equities, corporate bonds, and government bonds."
Hindustan Times
22-06-2025
- Business
- Hindustan Times
Tel Aviv stocks soar as investors react to US strikes on Iran's nuclear sites
Israeli stocks hit an all-time high after they rose for a sixth consecutive session on Sunday. This happened in the light of US attacks on Iran's nuclear sites earlier today, reported Reuters. Israel's government bond prices have soared and risk premium has fallen low.(REUTERS) The broad Tel Aviv 125 index (.TA125), was recorded at 1.3% higher rate, while the blue-chip TA-35 (.TA35), was 1.2% higher in afternoon trading. Against the backdrop of Israel launching strikes across Iran since Jun 13, 2025, the country's shares rose during all five sessions last week, triggering a gain of 6%. After the US struck Iran in the early hours of today, US President Donald Trump stated that he had "obliterated" Iran's main nuclear sites in the overnight strikes with massive bunker-busting bombs. "The destruction of Iran's key nuclear facilities by the U.S. military is, of course, a positive development ... in terms of improving the regional security environment and reducing Iran's military and nuclear capabilities," said Ronen Menachem, Mizrahi Tefahot chief markets economist. 'It's a game-changer.' 'Looking at the medium- to long-term — which is relevant for many strategic investors — this could represent a genuine opportunity, possibly related to the prospect of closer ties between the Saudi and American axis,' Menachem said. For more than a week, local markets have aligned with Israel's actions in Iran. Government bond prices have soared, the shekel has appreciated, and Israel's risk premium has fallen low, said the report. As a counter to the US stepping into the conflict, Tehran defended itself and retaliated with a streak of missiles on Sunday, aimed at Israel, that wounded people and destroyed several buildings across Tel Aviv. Bond prices for today were up as much as 0.2%. The Israeli Shekel is closed for trade on Sunday, but it has rallied from 3.61 per dollar on June 11 to 3.48 on Friday and is up some 1% this month.
Zawya
22-06-2025
- Business
- Zawya
Tel Aviv shares hit record highs after US strikes Iran nuclear sites
TEL AVIV: Israeli stocks hit record highs on Sunday after the U.S attacked Iran's nuclear sites in strikes investors believe would likely prevent Tehran from developing nuclear weapons anytime soon. The broad Tel Aviv 125 index closed 1.8% higher, extending gains to nearly 8% the past week, while the blue-chip TA-35 gained 1.5%. On the heels of Israeli strikes in Iran, shares rose during all five sessions last week, gaining some 6%, as Israel hit Iranian nuclear and military targets prior to Saturday's surprise U.S. attacks. "The destruction of Iran's key nuclear facilities by the U.S. military is, of course, a positive development ... in terms of improving the regional security environment and reducing Iran's military and nuclear capabilities," said Mizrahi Tefahot chief markets economist Ronen Menachem. "It's a game-changer." Israel began its punishing attacks on Iranian nuclear facilities, ballistic missile factories and military commanders on June 13, which have been met with retaliatory Iranian strikes against Israel. U.S. President Donald Trump said he had "obliterated" Iran's main nuclear sites in strikes overnight with massive bunker busting bombs, joining an Israeli assault in a significant new escalation of conflict in the Middle East. Tehran vowed to defend itself, and responded with a volley of missiles at Israel that wounded scores of people and destroyed buildings in Tel Aviv on Sunday. Still, for more than a week, local markets have cheered Israel's actions in Iran. In addition to gains in shares, government bond prices have risen, the shekel has appreciated and Israel's risk premium has edged lower. Bond prices increased as much as 0.2% on Sunday. The shekel does not trade on Sunday but it has rallied from 3.61 per dollar on June 11 to 3.48 on Friday and is up some 1% this month. "Looking at the medium- to long-term — which is relevant for many strategic investors — this could represent a genuine opportunity, possibly related to the prospect of closer ties between the Saudi and American axis," Menachem said. "The question is whether and to what extent last week's sharp market gains already priced it in. A plausible scenario includes, at least in the initial response, further increases in equities, corporate bonds, and government bonds." (Reporting by Steven Scheer Editing by Bernadette Baum and Giles Elgood)
Economic Times
15-06-2025
- Business
- Economic Times
Iran-Israel Military Strikes: Tel Aviv Stock Exchange recovers after a sharp early drop as both militaries ‘show' grave concern for other nation's civilians' safety
Tel Aviv stock indices recovered slightly after early losses following missile exchanges between Iran and Israel. Both sides issued civilian warnings near strategic sites. Military operations continue as Israel and Iran strike each other's key facilities. Air raid sirens and emergency responses were reported across Israeli cities, including Tel Aviv and Haifa. Rescue personel assist an injured woman at an impact site following a missile attack from Iran on Israel, at Haifa, Israel, June 15, 2025. REUTERS/Rami Shlush Tired of too many ads? Remove Ads Stock Market Shows Partial Recovery Experts Focus on Conflict Developments Warnings Issued by Both Militaries Tired of too many ads? Remove Ads Military Operations Continue Emergency Services Respond in Israel FAQs The Tel Aviv Stock Exchange showed recovery on Sunday after a sharp early drop. The rebound came during increased military tension between Israel and Iran. Markets responded to uncertainty as both countries continued to launch attacks. Military and civilian warnings also increased on both TA-35 index closed 0.5% higher after falling 2.1% in early trade. The TA-125 index also rose 0.4% after a 2% decline. This marked the first trading day since missile strikes were exchanged between Israel and Iran. Investors reacted to regional risks and geopolitical per Reuters, Ronen Menachem, chief markets economist at Mizrahi Tefahot Bank, said market movement will depend on how the conflict progresses. He noted that the role of the United States in the situation will also influence trading. The intensity and length of the conflict may shape investor decisions in the coming military warned Israeli residents to move away from military and scientific sites. Colonel Reza Sayad of Iran's armed forces said the warning was for their safety. He said Iran has a list of sensitive Israeli sites and will continue to target Israel issued a similar message to Iranian civilians. It advised people living near weapons sites to evacuate. Both sides claim concern for civilian safety , even as the conflict Defense Forces (IDF) Chief of the General Staff Eyal Zamir said Israel will continue its operations. He confirmed Israeli casualties and urged people to follow safety instructions. Zamir said the action was necessary to avoid greater risks also claimed success in hitting military and security centers in Israel. Meanwhile, Israel confirmed it launched strikes in western people were hospitalized after Iranian strikes in northern Israel. Emergency teams responded to fires and damage in Haifa. Israel's national emergency service Magen David Adom showed images of burning cars and broken were heard in Tel Aviv, and explosions followed. Defense systems worked to intercept more missiles. Iran's IRNA reported a new wave of drones and missiles targeted market showed signs of resilience, likely due to investor focus shifting to future conflict developments and possible international involvement, including the role of the United countries are targeting military, security and strategic infrastructure. Warnings have been issued for civilians to avoid such areas to reduce risks of injury.
