The Tel Aviv Stock Exchange saw a sharp intraday reversal on Wednesday afternoon, with the TA-35 index erasing its earlier losses and turning flat, while the TA-125 remained slightly in the red, according to N12 business reporter Yuval Shadmi.
The Tel Aviv Stock Exchange staged a partial recovery in afternoon trading on Wednesday, reversing the morning's downward trend. According to N12 business reporter Yuval Shadmi, the TA-35 index erased its losses and returned to around opening levels, while the TA-125 remained slightly negative. The reversal comes after a volatile period for Israeli markets, which have been under pressure in recent weeks amid geopolitical uncertainty and global market trends. As The Zioneer reported, the TA-125 entered correction territory on June 23, falling more than 10% from its all-time high. The index has since experienced a series of mixed sessions, including a snap of a losing streak on June 18 and renewed declines thereafter. The afternoon bounce suggests some buying interest at current levels, though the TA-125's continued weakness indicates lingering caution among investors.
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- DevelopingTel Aviv Stock Exchange enters correction territory, TA-125 drops over 10% from peak
Source and signal
- Internal intake