The Jerusalem PostEconomy
Bank of Jerusalem Stock Still Suffers After Employee Disappearance Scare
Summarized from The Jerusalem Post by baba
Center-rightCharged tone
Bank of Jerusalem's stock has lost NIS 130 million in market value since August 12, 2026, after rumors linked employee Mali Yahalomi's disappearance to embezzlement. Although Yahalomi and her daughter were found safe and no wrongdoing was discovered, the bank's image was damaged. The stock has underperformed the banking index by 12.4 percentage points. Analysts suggest low trading volumes and a 31% drop in second-quarter profits may also be contributing to the stock's poor performance.
The story in 5 lines · by baba
- Bank of Jerusalem stock lost NIS 130 million after rumors linked employee Mali Yahalomi's disappearance to embezzlement.
- The bank's stock fell 12.3% on August 13, 2026, following social media speculation.
- Mali Yahalomi and her daughter were found safe in Argentina, with no criminal activity found.
- Since August 12, Bank of Jerusalem's stock has dropped 8.7%, underperforming the banking index.
- Low trading volumes and a 31% decline in second-quarter profits are also cited as reasons for the stock's performance.
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