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Against the background of the expectation of stopping the legislation: the stock market is increasing in value - voila! Of money


Following the reports of the stoppage of the legislation, the stock market in Tel Aviv opened with sharp increases, but the fear is that the longer the stoppage is postponed, the screens will turn red

In the video: After the dismissal of Minister Galant, crowds protest outside the Prime Minister's house (Photo: Roni Kanfo)

An optimistic morning at the Tel Aviv Stock Exchange, which opened at the same time as Histadrut Chairman Arnon Bar David's statement and before Prime Minister Benjamin Netanyahu's press conference. The Tel Aviv 35 index will soon rise to two percent and the other indices show a similar increase. The shekel is strengthening. Yesterday the exchange rate stood at NIS 3.59 per dollar

, However, with the announcement of the dismissal of Defense Minister Yoav Galant, the dollar rate jumped to 3.66. Following the estimates of the suspension of the legislation, the shekel stabilized at the previous rate. But alongside the cautious optimism, there is also a great concern: if the Prime Minister does not soon announce the suspension of the legislation, the screens will return to

color in red

More updates to follow.

  • Of money

  • news


  • The Stock Exchange in Tel Aviv

Source: walla

All business articles on 2023-03-27

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