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Tel Aviv share: Over the past five sessions, investors have been bullish on shares of Tel Aviv Stock Exchange. Stocks are up 9.32 per cent since June 16.
Tel Aviv shares hit the record high amid US’s attack on several nuclear sites on Iranian soil.
Tel Aviv Share Price: Shares of Tel Aviv Stock Exchange hit the record high of ILA 6,490 apiece in the opening session on Sunday, June 22, following following US’s missiles bombardment at several locations on Iranian soil, specifically targeting nuclear sites. At the time of writing this report, shares were trading at ILA 6,367 apiece, with a gain of 4 per cent, against the previous close at ILA 6,137 apiece. The scrip opened at ILA 6,255 on Sunday.
Over the past five sessions, investors have been bullish on shares of Tel Aviv Stock Exchange. Stocks are up 9.32 per cent since June 16.
The benchmark TA-35 also rose on Sunday to hit the 52-week high of 2,891. The index is up 5.35 per cent in the past five sessions, despite the escalating conflict with Iran. TA-35 measures the performance of 35 large companies listed on stock exchanges in Israel.
Meanwhile, another prominent index TA-125 also gained 1 per cent intraday to touch the high of 2,931. This index measures the performance of the 125 most highly capitalized companies listed on the Tel Aviv Stock Exchange.
Earlier, various reports surfaced confirming that Iran missiles hit some portion of the Tel Aviv stock exchange.
IRAN-ISRAEL CONFLICT ESCALATED
Tensions dramatically escalated after US President Donald Trump said that the American military carried out strikes on three Iranian nuclear sites and that Tehran “must now agree to end this war”, after days of speculation over whether the United States would join its ally Israel’s bombing campaign.
In retaliation, Iran has launched its first salvo of ballistic missiles at Israel after the US military conducted airstrikes at three key Iranian nuclear facilities in the early hours of Sunday, marking a dramatic escalation in the West Asian conflict.
Iran’s state media said more than 30 ballistic missiles had been fired as sirens rang across parts of Israel, while explosions were heard in Jerusalem. The Israeli Army said it was working to intercept missiles from Iran. Israel had closed its airspace after the US strikes on Iran.
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Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More
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