"Israel's financial markets" were under pressure in the first trading session after Israel's October 27 legislative elections, as Tel Aviv's main courts fell and the dollar weakened against the US dollar and the euro. According to i24, the Tel Aviv 90 index plunged by more than 3%, while the Tel Aviv 125 fell around 2%, with insurance and real estate recording losses above 4%. Meanwhile, the dollar rose to about NIS 3.09 from NIS 3.02 on election day, while the euro traded above NIS 3.43. The drop follows the results of exit polls that left no political camp with a clear majority, raising the prospect of protracted coalition negotiations and continued uncertainty. However, the decline in the immediate market is not necessarily a sign of continued weakness: a study of the Tel Aviv Stock Exchange covering 10 election cycles since 2003 found that the 5-month return to the Tel Aviv 125 index was similar after the relentless and decisive elections.

"Israel's financial markets" were under pressure in the first trading session after Israel's October 27 legislative elections, as Tel Aviv's main courts fell and the dollar weakened against the US dollar and the euro. According to i24, the Tel Aviv 90 index plunged by more than 3%, while the Tel Aviv 125 fell around 2%, with insurance and real estate recording losses above 4%. Meanwhile, the dollar rose to about NIS 3.09 from NIS 3.02 on election day, while the euro traded above NIS 3.43. The drop follows the results of exit polls that left no political camp with a clear majority, raising the prospect of protracted coalition negotiations and continued uncertainty. However, the decline in the immediate market is not necessarily a sign of continued weakness: a study of the Tel Aviv Stock Exchange covering 10 election cycles since 2003 found that the 5-month return to the Tel Aviv 125 index was similar after the relentless and decisive elections.