Tel Aviv Shares Rise Amid Geopolitical Tensions

Tel Aviv share indices saw an uptick on Sunday following a rocket attack by Hezbollah into Israel, which was thwarted by an Israeli pre-emptive strike. The blue-chip Tel Aviv 35 index increased by 0.4%, and the broader TA-125 rose by 0.5%.


Devdiscourse News Desk | Jerusalem | Updated: 25-08-2024 12:56 IST | Created: 25-08-2024 12:56 IST
Tel Aviv Shares Rise Amid Geopolitical Tensions
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  • Israel

Tel Aviv share indices saw a positive opening on Sunday, bolstered after an Israeli pre-emptive strike managed to contain a rocket barrage launched by Hezbollah.

The incident led to investor confidence, contributing to a 0.4% increase in the blue-chip Tel Aviv 35 index.

Meanwhile, the broader TA-125 index also experienced a rise of 0.5%, reflecting general market optimism despite geopolitical tensions.

(With inputs from agencies.)

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