Tel Aviv 125 falls as much as 3.5% amid election uncertainty
Briefing by News4U · First published
Israel's benchmark Tel Aviv 125 index dropped in early Wednesday trading as investors assessed an election that had yet to produce a clear winner, Al Jazeera reported.
Israel's benchmark Tel Aviv 125 index fell as much as 3.5 percent in early trading on Wednesday, Al Jazeera reported. The decline came as investors weighed uncertainty over who would lead the next government. [1]
Neither Prime Minister Benjamin Netanyahu's coalition nor the opposition bloc led by Gadi Eisenkot appeared on course for a parliamentary majority, according to the report. Vote counting was continuing, so the eventual composition of the government remained uncertain. [1]
Sources
- Israel’s stock market drops as exit polls show no clear election winner
Al Jazeera · · Full text