Following Prime Minister Netanyahu's announcement of new steps taken by the government in the fight against Corona, the Tel Aviv Stock Exchange recorded intermittent ups and downs • Investors are looking for a way to survive, but it all depends on business restrictions

Intermittent ups and downs on the Tel Aviv Stock Exchange: Investors responded this morning (Tuesday) very positively to the government's steps yesterday.

Photo: Connect

The situation is similar to a jump last week on the New York Stock Exchange following US President Donald Trump's announcement of a $ 50 billion injection into the markets. The announcement sent the stock exchanges there to almost double-digit increases in the leading indices, which held no more than a day and here they held a few minutes until the trend changed again as demand began to flow. Within minutes the leading indices were down about half a percent and a few minutes later they were back on the green side with half a percent increases.

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Such periods are characterized by market depression, with investors looking for any casual buoy to lift their heads above the water for a moment, but the overall situation is depressing. It should be remembered that the Tel Aviv Stock Exchange has already lost 30% and it is possible that at this rate there are opportunities already. Of course, this depends on the big question - how long will the severe restrictions on business last. If this is the positive scenario, the rates are now very low. If this is the pessimistic scenario, the stock exchanges have not yet met the floor.