Israeli Stock Exchange Creates Ad for Bank, Expects Rivals to Distribute

The Tel Aviv Stock Exchange (TASE) has prepared an advertisement for Bank Leumi, a bank listed on the exchange, and anticipates that competing banks will help distribute it. This move highlights an unusual collaboration between a stock exchange and a financial institution it lists.

The article also touches upon various other financial and economic topics. The dollar is nearing 3 shekels again following Middle East tensions, while oil prices have jumped 2% due to a US attack in the Gulf. South Korea's stock market has weakened by 1.5%.

Further economic discussions include the real estate sector's potential performance in an optimistic election scenario, with 13% of non-bank real estate credit in 2025 expected to be in arrears or debt arrangements. The article also mentions investment opportunities in Poland, a guide to the S&P 500 for Israeli investors, and how an ETF on the bank index operates.

Additionally, the piece references historical dollar-shekel exchange rates, noting six peaks in the last 30 years. It briefly mentions a lawsuit by 38 apartment buyers in Netanya claiming they were promised they wouldn't have to complete their deals, and a separate item about an Israeli airline facing criticism.