Sharp declines in the Tel Aviv Stock Exchange with the opening of trading
The declines in the indices on the American stock exchange on Friday were not long in coming to Tel Aviv: with the opening of the deficit, there were declines of about 3% in all the leading indices of the local stock exchange, although for now there are moderate declines compared to yesterday in New York
Walla!
Of money
23/01/2022
Sunday, 23 January 2022, 10:12 Updated: 10:34
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This was expected, and still raises concerns: About an hour after the opening of trading
on the Tel Aviv Stock Exchange, it turns out that the turmoil in the US market last Friday did not only remain on the western side of the ocean - and it also hit the Israeli stock market.
All the main indices of the local stock exchange, including the Tel Aviv 35 index, have fallen sharply by about 3%. However, it is worth continuing to follow.
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The Tel Aviv Stock Exchange in the heyday of the beginning of the Corona.
Since then, it has known mainly increases (Photo: Reuven Castro)
Less, but painful
On Friday, the US stock market recorded the sharpest price declines since October 2020, and the question is what will happen when trading resumes in both Europe and the US tomorrow
. The price declines will continue today, although a real indication of the direction of the market will be obtained only after the resumption of trading on the world's major stock exchanges.
Sharp declines on Wall Street last Friday.
Will the Tel Aviv Stock Exchange join the collapse? (Photo: GettyImages, Spencer Platt)
Fear of the perfect storm: Bad reports will meet in the fifth wave
Public companies will soon publish the last quarter reports for 2021 - which will also have a significant impact on trading in their shares.
So the air of alertness is felt in the markets as it enters the last week of January 2022.
Some of the reports that are expected to reflect a miss of forecasts may be joined by Corona's fifth wave data, which also hurt December's business performance - particularly those of January.
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The Tel Aviv Stock Exchange
Price declines
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