Israeli Stocks Mixed as Tech and Real Estate Shares Draw Attention
Translated & summarized from TheMarker by baba
Tel Aviv stocks are expected to focus on technology and real estate shares Tuesday after a housing price index was released. Wall Street closed higher Monday on inflation data, while the dollar weakened against the shekel. The Israeli market closed mixed Monday, with biotech and real estate rising but tech and renewable energy falling.
The story in 5 lines · by baba
- Technology and real estate stocks are expected to be of interest in Tuesday's trading.
- Wall Street closed with slight gains Monday due to higher-than-expected inflation data.
- The dollar weakened 0.2% against the shekel, trading around 3.10.
- The Tel Aviv market closed mixed on Monday, with biotech and real estate rising.
- Technology and renewable energy stocks dragged down the indices on Monday.
Trading on the Tel Aviv Stock Exchange is expected to focus on technology and real estate stocks on Tuesday, following the release of a housing price index. Wall Street markets closed with slight gains on Monday, influenced by inflation data that exceeded forecasts. The dollar weakened by 0.2% against the shekel this morning, trading around 3.10 shekels.
On Monday, the Tel Aviv market closed mixed. While biotech and real estate stocks saw increases, technology and renewable energy shares weighed down the main indices.
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