Tel Aviv Stock Exchange Opens Higher After Market Plunge
Translated & summarized from Ynet by baba
The Tel Aviv Stock Exchange opened mixed on Sunday after a significant market plunge the previous day in Israel and the U.S. The TA-35 index rose 0.11% and TA-125 gained 0.07%, while TA-90 fell 0.08%. The U.S. dollar strengthened 0.43% against the shekel, reaching 3.2231.
The story in 5 lines · by baba
- Tel Aviv Stock Exchange opened mixed Sunday after prior day's market plunge.
- TA-35 index rose 0.11%, TA-125 gained 0.07%, TA-90 fell 0.08%.
- Defense and technology sectors declined, while insurance, banking, and finance rose.
- U.S. dollar strengthened 0.43% against the Israeli shekel to 3.2231.
- Euro also appreciated against the shekel, trading around 3.60.
The Tel Aviv Stock Exchange began trading with mixed movements on Sunday, following a significant market downturn experienced on Saturday in both Israeli and U.S. stock markets. The TA-35 index saw a slight increase of 0.11%, while the TA-125 index rose by 0.07%. Conversely, the TA-90 index experienced a minor dip of 0.08%.
Sector-specific performance varied, with the defense index losing 1.03% and the technology index declining by 0.25%. The insurance sector showed strength, climbing 0.41%. Other sectors also saw gains, including banking at 0.29%, real estate at 0.24%, and finance at 0.34%.
In currency trading, the U.S. dollar continued its upward trend against the Israeli shekel, strengthening by 0.43% to trade at 3.2231 shekels during continuous trading. The Euro also appreciated, up by 0.11% and trading around 3.60 shekels.
