Economy Minister Nir Barkat was able to close trading on the New York Stock Exchange on Monday night by ringing the TASE's iconic bell, marking the closing of trading on the world's largest stock exchange. In honor of the ceremony, the entire American stock exchange was painted blue and white, flanked by Minister Barkat by Lynn Martin, President of the New York Stock Exchange.
Economy Minister Barkat locked the New York Stock Exchange // Credit: New York Stock Exchange
Economy Minister Nir Barkat: "I am proud to stand as a representative of the State of Israel on the most important and largest stock exchange in the world and to lock down trading. The State of Israel is a strategic hub for investors, in light of our clear advantage in the technological field in which the world's economic future lies. As a former investor, I say to all investors in America – investing in Israel is the best investment that can be made. Whoever invests in Israel will benefit hugely."
The New York Stock Exchange is the world's largest stock exchange by total value of companies, and the second largest in the number of listed companies. Today, the street name "Wall Street" is commonly used to refer to the stock exchange itself.
As of 2022, 2,400 companies with a total value of $30 trillion are traded on the New York Stock Exchange, of which nearly 100 are Israeli companies.
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