Israeli Stocks Tumble After Inconclusive Election Results
Summarized from Haaretz English by baba
Israeli shares fell sharply on Wednesday in mid-day trading after the general election yielded inconclusive results. The construction index dropped 8% and banks were down 4%, while the shekel weakened against the US dollar. The market had previously recovered from steeper losses earlier in the day.
The story in 5 lines · by baba
- Israeli stocks fell sharply Wednesday following inconclusive election results.
- The construction index was down 8% in mid-day trading.
- Banks were down 4% on the Tel Aviv Stock Exchange.
- The shekel lost ground against the US dollar.
- The market had recovered from steeper earlier losses.
Haaretz English publishes in English. The key points are summarized above. Read Haaretz English’s full report from the link at the top of the page.
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