After the parliamentary elections in Israel, neither Prime Minister Benjamin Netanyahu's right-wing bloc, which received 53 seats, nor the opposition, with 48 seats, received the 61 votes needed to form a government. The parties face weeks of coalition negotiations. Against the backdrop of political uncertainty, Tel Aviv's central stock index fell by 4.1% during the week, and the shekel's exchange rate came under pressure, reports CNBC.

After the parliamentary elections in Israel, neither Prime Minister Benjamin Netanyahu's right-wing bloc, which received 53 seats, nor the opposition, with 48 seats, received the 61 votes needed to form a government. The parties face weeks of coalition negotiations. Against the backdrop of political uncertainty, Tel Aviv's central stock index fell by 4.1% during the week, and the shekel's exchange rate came under pressure, reports CNBC.