Trading on the Tel Aviv Stock Exchange today (Sunday) exhibited a positive trend after the stock market recovered from early-day losses. The leading indices, TA-35 (.TA35) and the broader TA-125 (.TA125), rose by 0.8% during midday trading, after nearly 2% declines earlier.
Government bond prices saw a slight increase, while the shekel was not traded on Sunday. However, the Israeli currency weakened to 3.61 per dollar on Friday, compared to 3.5 on June 11.
Looking Ahead
Trading today and in the coming days is heavily dependent on developments and assessments regarding the continuation of the operation. Defense Minister Israel Katz is expected to speak this evening with U.S. Secretary of Defense Pete Hegseth. The outcome of that meeting may be reflected in market behavior. As of now, there has been no change in the U.S. position on its involvement in the campaign.
The Decision to Open the Market
Last night, Finance Minister Bezalel Smotrich and Israel Securities Authority Chairman Adv. Seffy Zinger announced that the trading day on the stock exchange would proceed as usual, in order to maintain the functional continuity of the Israeli economy.
The decision was made following an evening update and situational assessment between the two, in full coordination with the Home Front Command.
