Full coverage· Economy· Updated
Tel Aviv Stock Exchange Shares Drop 8% Amidst Trading Volume Decline
The Tel Aviv Stock Exchange's share price fell 8% as trading volumes decreased. Over the last five years, the TASE share has returned 875%, far exceeding the main indices' 100% return. The exchange, which IPO'd in 2019 at 700 million shekels, is now valued at 12.5 billion shekels.
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What happened
- 01TASE shares dropped 8% due to declining trading volumes.
- 02TASE stock has returned 875% over the past five years.
- 03The exchange's market value grew from 700 million to 12.5 billion shekels since 2019.
- 04TASE shares currently trade at a price-to-earnings ratio above 50.
The coverage
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How it broke
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How it reads
Charged tone, on average across the newsrooms
