Tel Aviv Stock Exchange Loses Height; Construction Index Leads Gains
2 Articles
2 Articles
TA 35 rises by about 0.5%, TA 90 strengthens by about 1.2% • Trading in Tel Aviv opened today against the backdrop of progress in talks to end the war with Hamas • The banking index falls by about 0.7% • Dual stocks returned with significant positive arbitrage gaps, except for NICE, which falls by about 6% • Beit Shemesh Engines jumps by over 5%, after its subsidiary signed a framework agreement for about $1.2 billion
The Tel Aviv Stock Exchange is performing well ahead of new negotiations on the release of hostages and an end to the war in the Gaza Strip, as part of US President Donald Trump's plan. The "Times of Israel" newspaper reports that major stock indices are reaching new all-time highs as investors continue to bet on the US plan. The benchmark TA-125 index jumped 2.3% in late morning trading in Tel Aviv. The index has risen 34% since the beginning o…
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