Tel Aviv Stock Exchange Loses Early 2024 Gains Amid US-Iran Deal, Yet Attracts New Investments
How 3 Israeli newsrooms covered this story — translated into English and compared side by side.
First reported by Calcalist · 17 hours ago
What happened
In June 2024, the Tel Aviv Stock Exchange lost most of its early-year gains following a US-Iran agreement, with major indices falling sharply. Despite the downturn, foreign and institutional investors increased their market exposure, supporting strong IPO activity and bond issuances. The market now faces uncertainty as investors navigate profit-taking and new opportunities amid evolving economic conditions.
- 01US-Iran deal in June erased most of Tel Aviv Stock Exchange's early 2024 gains.
- 02TA-35 index dropped 8.73% in June, halving its year-to-date return to 11.9%.
- 03CleanTech and Energy sectors fell sharply in June but kept strong positive half-year returns.
- 04Foreign investors increased holdings in tech, insurance, energy, but sold 538 million shekels in banking stocks.
- 05Fifteen new IPOs raised 6.1 billion shekels despite weak June market performance.
- 06Bond market thrived with 12 new issuances totaling 6.8 billion shekels amid interest rate cuts.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 3 outlets
The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.
