The main index on the Israel Stock Exchange (Tel Aviv Stock Exchange) fell at the start of weekly trading – today, Sunday – to its lowest level in 3 months, due to fears of a war against Hezbollah and Iran, with the participation of the Yemeni and Iraqi fronts.
The Tel Aviv Stock Exchange (TASE 35) index fell 2.55% to 1,933 points, its lowest level since May 1, according to data from the Tel Aviv Stock Exchange.
The poor performance of Wall Street indices in Friday’s trading exacerbated the negative start of the Tel Aviv Stock Exchange today, which has been under pressure since mid-July due to the escalation with Hezbollah and Iran.
Hezbollah in Lebanon launched a large barrage of rockets towards Israel, in the early hours of this morning.
The private newspaper “Israel Today” reported that about 50 rockets were launched from southern Lebanon towards the Upper Galilee, while one rocket fell in the settlement of Beit Hillel, without clarifying the results immediately.
The world is awaiting a military response from Iran and Hezbollah to Israel after the latter was accused of assassinating Ismail Haniyeh (head of the political bureau of the Palestinian Islamic Resistance Movement Hamas) in Tehran at dawn on Wednesday, and of claiming responsibility for the assassination of the prominent Hezbollah leader Fouad Shukr in Beirut on Tuesday evening.
