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The capital market in Israel
Pfizer's announcement jumped the Tel Aviv Stock Exchange
The stock market recorded slight increases until the pharmaceutical giant announced that the vaccine was 90 percent effective.
The Tel Aviv 35 index rose by more than 5 percent, Tel Aviv Real Estate jumped by more than 8 percent. It also jumped on European stock exchanges
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Monday, 09 November 2020, 14:44 Updated: 14:57
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Pfizer's announcement that the experimental vaccine against Corona is 90 percent effective has boosted world markets as well as the Tel Aviv Stock Exchange.
Sharp rises were recorded in Ahad Ha'am, as the leading indices jumped at exceptional levels.
The Tel Aviv 35 index has risen more than 5 percent and the Tel Aviv Real Estate Index - more than 8 percent. The
banks, which have been hit hard in recent months, have returned to smile, with the Tel Aviv 5 index rising more than 6 percent. Real estate shares are rising By and large, with Melisron soaring more than 17 percent, Airport City more than 15 percent and Azrieli 14 percent.
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Pharmaceutical company Pfizer has announced that its experimental vaccine for Corona is 90% effective
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We returned to bright green (Photo: Reuven Castro)
There were also sharp price increases in Europe, with Potsy soaring 4.5 percent in London, the Dax in Germany more than 5 percent and the Paris Stock Exchange more than 6 percent.
Wall Street futures point to sharp rises as well.
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