Latest news with #TA125
Wall Street Journal
18 hours ago
- Business
- Wall Street Journal
What Israel's Soaring Markets Are Saying About the Iran War
Iranian ballistic missiles are raining down on Tel Aviv and Haifa. Israel's main airport is shut. Much of the workforce is moving in and out of bomb shelters. For most countries, such a wartime scenario would send investors fleeing and markets tanking. Yet the opposite is happening. Israeli markets are buoyant, outperforming the world. Israeli stocks, which trade Sunday through Thursday, have been posting solid gains. The TA-125 Index, also known as the Tel Aviv 125 Index, rose for five straight sessions as of the end of last week, even as global markets tread cautiously amid the specter of a prolonged Middle East war. It rallied again on Sunday after the U.S. strikes on Iran's nuclear facilities.
Reuters
a day ago
- Business
- Reuters
Tel Aviv shares jump at open, hit record highs, after US strikes Iran nuclear sites
TEL AVIV, June 22 (Reuters) - Israeli stocks opened more than 1.5% higher on Sunday and hit fresh all-time highs after the United States attacked Iran's nuclear sites. The broad Tel Aviv 125 index (.TA125), opens new tab was 1.5% higher, while the blue-chip TA-35 (.TA35), opens new tab was 1.6% higher in early trading. Shares rose during all five sessions last week, gaining some 6%, as Israel struck Iranian nuclear and military targets.
