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    Tel Aviv stocks, shekel jump in response to US-Israel attack on Iran


    Tel Aviv ​shares opened sharply ​higher on Monday while the shekel ​gained ‌against ⁠the dollar in the ‌market's first response to ⁠US-Israeli strikes on Iran that began ​over the ‌weekend.

    The blue-chip Tel Aviv 35 ‌index was 4.9% ​higher at 0905 GMT, while the broader TA-125 ​was up ​5%. Defence firm ​Elbit Systems gained 6.6%.

    The ​shekel appreciated 1.5% versus the dollar to 3.087, nearing ⁠a 30-year high ⁠reached ​last month.

    https://www.france24.com/en/middle-east/20260302-live-israel-calls-for-evacuations-in-lebanon-after-strikes-on-hezbollah?arena_mid=Od2Gug0rVXfsHOOLkaLB

    Posted by wfd

    14 Comments

    3. Sir_Grindalot on

      “The ​shekel appreciated 1.5% versus the dollar to 3.087, nearing ⁠a 30-year high ⁠reached ​last month.”

      Oh geez I wonder who’ll buy the dip in the US market today and in the coming days

    5. BringOutTheImp on

      Israel spends a lot of its money dealing with the constant threat from Iran and its proxies (Hamas, Hezbollah etc) so if future Iran becomes friendly to Israel (or at least, not hostile), it will be huge net positive for Israel.

    8. No_Feeling920 on

      This is insane. The country is receiving missiles from Iran and it appreciates? Either people are fanatics or someone with a lot of money is manipulating it higher.

    9. Temporary_Body_5783 on

      Coaxing Americans into dying for you while you drain their country dry is bullish.

    10. XSATCHELX on

      This country can order the biggest army in the world to do its bidding and genocide entire populations of their enemies and face 0 consequences, meanwhile calling you antisemitic and imprisoning you for noticing this.

      Calls on Israel

    11. salvito605 on

      That’s cause the have convinced the US to be their bitch and do their bidding. On top of that send them billions just like that.

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