Red screens on the stock exchange this morning (Monday) in Tel Aviv in light of the spread of the Omicron strain in the world. The fear in the markets is also showing its signs on the stock exchange as the leading indices fall close to 2% and reflect the declines seen this morning in the markets in the Far East.
In Japan, China and India the stock markets showed declines ranging from 1.5% -2% and also sent Wall Street futures to declines.
Oil also suffered a blow and fell by about 3%.
The next trading week in the world is expected to be very short and crowded following Christmas.
Yesterday, trading on the Tel Aviv Stock Exchange ended with price declines of all the leading indices.
The various Tel Aviv indices fell to 0.9% while the banks index lost more than 1.5% of its value.
At the same time, the Securities Authority hopes that Israel will be included in the European index - a move that is expected to inject large amounts of capital into the Tel Aviv Stock Exchange from European companies.
The Authority estimates that this is more than NIS 100 billion.
This is a decision that is expected to be made this February by the global index company MSCI, which in 2013 rejected an earlier request by Israel to join the index in question, which will direct investors from the West to the Israeli stock exchange.
Currently, Israel is included only in the index that includes the Middle East.
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