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The stock market also voted and without the majority of the electoral impasse in Israel one thinks quickly in terms of money - there is no way around it. The Tel Aviv Stock Exchange opened with a slump: the Tel Aviv-35 index lost about one and a half percent until this morning, the Tel Aviv-125 index fell below the 4,000 point mark, and the insurance index collapsed completely by more than four. The mid-sized companies from TA-90 suffered the most, dropping by three and a half percent. At the same time, the shekel also weakened against the dollar and the euro: investors clearly did not appreciate the prospect of weeks of coalition negotiations and internal political uncertainty. The reason is directly related to the results of the vote: no single bloc received a majority, and investors need a stable coalition capable of managing budget policy. So far, instead of this, we see only a rebus of Arab mandates, which everyone rejects. The markets once again mentioned a simple thing: they have gone through a war on several fronts, to say the least, but they cannot digest the uncertainty of the authorities. And the more the politicians play quiet game time with Arab parties, the more this position will cost the Israeli economy. - On the chaos in the Middle East with love support us.

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ОРИЕНТАРЬ · · Source

🇮🇱 Israel · Map

The stock market also voted and without the majority of the electoral impasse in Israel one thinks quickly in terms of money - there is no way around it. The Tel Aviv Stock Exchange opened with a slump: the Tel Aviv-35 index lost about one and a half percent until this morning, the Tel Aviv-125 index fell below the 4,000 point mark, and the insurance index collapsed completely by more than four. The mid-sized companies from TA-90 suffered the most, dropping by three and a half percent. At the same time, the shekel also weakened against the dollar and the euro: investors clearly did not appreciate the prospect of weeks of coalition negotiations and internal political uncertainty. The reason is directly related to the results of the vote: no single bloc received a majority, and investors need a stable coalition capable of managing budget policy. So far, instead of this, we see only a rebus of Arab mandates, which everyone rejects. The markets once again mentioned a simple thing: they have gone through a war on several fronts, to say the least, but they cannot digest the uncertainty of the authorities. And the more the politicians play quiet game time with Arab parties, the more this position will cost the Israeli economy. - On the chaos in the Middle East with love support us.

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