Israeli Stock Market Soars Amid Geopolitical Tensions
Israeli stocks surged over 1.5% after the U.S. attacked Iran's nuclear sites. The Tel Aviv 125 index climbed 1.5%, and the TA-35 rose 1.6% in early trading. This rise follows a week of gains, as Israel targeted Iranian nuclear and military facilities, leading to a 6% increase.
In the wake of the United States' aggression against Iran's nuclear infrastructure, Israeli stocks leapt over 1.5% at Sunday's market open, achieving unprecedented heights.
The Tel Aviv 125 index recorded a 1.5% boost, while the more prestigious TA-35 index enjoyed a 1.6% rise early in the trading session.
Market optimism was previously bolstered last week through five consecutive positive sessions, culminating in a 6% overall gain as Israel engaged Iranian targets.
(With inputs from agencies.)
Advertisement
ALSO READ
Geopolitical Tensions Reshape the Indian Workplace Landscape
Dollar Steadies Amid Geopolitical Tensions in the Middle East
Geopolitical Tensions Stir Markets: Oil Prices Surge Amidst Uncertainty
Geopolitical Tensions Spike Oil Prices Amid Middle East Conflict
Geopolitical Tensions Shake Emerging Markets
Google News