The main indices of the Tel Aviv Stock Exchange declined after Israel launched a strike on the port of Hodeidah in Yemen, followed by a threat from the Houthi group of a strong response.
According to the Times of Israel, The Tel Aviv Stock Exchange’s benchmark TA-125 index and the TA-35 index of large companies fell 1.1%, while the Tel Aviv 5 Banks Index fell 1.3%, before paring some of their losses later.
The TA-Construction index also fell by 1.6%, while the TA-Biomed index fell by 2%, according to the same source.
Today, Sunday, the Houthi group announced that it had carried out a “qualitative” military operation in Eilat in response to the Israeli raids that targeted the city of Hodeidah, and threatened Israel with a “great response.”
Yesterday, Saturday, 20 Israeli fighter jets launched raids targeting the power generation station and the oil refinery in the port of Hodeidah, in addition to the headquarters of the oil company in the governorate (western Yemen), under the pretext of responding to the attack carried out by the Houthis with a drone on Tel Aviv at dawn on Friday, which resulted in the death of an Israeli.
