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Ongoing Story· Day 33

Israeli Stock Market Loses Confidence Amidst Political Uncertainty

6 developments

TheMarkerEconomy

Tel Aviv Stock Exchange Tries to Reassure Amid Post-Election Slump

Translated & summarized from TheMarker by baba

BusinessNeutral tone

Hebrew · 5 newsrooms covering

The Tel Aviv Stock Exchange's main indices have dropped 8% since the election due to increased political uncertainty. Foreign investors, however, have net purchased about 900 million shekels in stocks, while local institutions reduced their exposure. The TA-125 and TA-35 indices fell 2.5% today, with the banking index down 3.4%.

The story in 5 lines · by baba

  • Tel Aviv Stock Exchange indices dropped 8% since the election due to political uncertainty.
  • Foreign investors bought 900 million shekels net in stocks post-election.
  • Local institutional investors reduced exposure to banks and financial services.
  • The TA-125 and TA-35 indices fell 2.5% on the day.
  • The banking index lost 3.4% amid ongoing trading declines.
Tel Aviv Stock Exchange Tries to Reassure Amid Post-Election Slump
Editorial illustration generated by baba News, not a photograph of the event.

The Tel Aviv Stock Exchange is experiencing a decline in its main indices, losing 8% since the recent election results heightened political uncertainty. Despite the overall downturn, a review by the Stock Exchange's research department indicated that foreign investors have increased their holdings in banks, insurance, and financial services sectors. Conversely, domestic institutional investors have reduced their exposure to these same industries.

Trading on the Tel Aviv Stock Exchange continued its downward trend today, with the TA-125 and TA-35 indices falling by 2.5%. The banking index saw a more significant drop of 3.4%. The exchange is attempting to calm market anxieties by highlighting that foreign investors have made net purchases of approximately 900 million shekels in stocks since the election.

TheMarkerOther · Tel Aviv

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