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February 2, 2024       Share:    

Source: https://www.haaretz.com/israel-news/2024-02-01/ty-article/.premium/does-israels-stock-market-know-something-about-gaza-that-we-dont/0000018d-6460-d897-a3ef-e7f96dc60000

Israeli Stock Market Up, Shekel Strengthens as Gaza War Continues

(Ha'aretz) David Rosenberg - Stocks and bonds on the Tel Aviv Stock Exchange have been enjoying a sustained rally and the shekel is 6% stronger against the dollar than it was on the eve of the Hamas attack on Oct. 7. The future interests investors more than the present. There seems to be a feeling that Israel will recover from the war quickly, just as it has in past wars, and the economy will resume growing as if nothing happened, supported by a recovering tech sector and a growing defense industry.

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