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Globes - Israel Business News·2 min read·hard

Fri: Tower slides, shekel above NIS 3/$

G
Globes correspondent
Fri: Tower slides, shekel above NIS 3/$
AI Summary

The Tel Aviv Stock Exchange experienced a broad decline on Friday, with major indices like the Tel Aviv 35 and 125 falling significantly. Meanwhile, the shekel strengthened against both the US dollar and the euro.

Why it matters

Market fluctuations in Israel reflect broader economic trends and investor sentiment regarding the local technology and defense sectors.

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The main indices on the Tel Aviv Stock Exchange fell on Friday. The Tel Aviv 35 Index fell 1.74%, to 4,028.22 points; the Tel Aviv 125 Index fell 1.37%, to 3,968.09 points; and the BlueTech Global Index fell 1.26%, to 646.33 points. The TelBond 60 corporate bond index fell 0.10%, to 426.54 points. Turnover totaled NIS 4.86 billion in equities and NIS 2.41 billion in bonds.

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Confidence: 90%

The report is a standard financial summary of market performance based on objective data.

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