The Tel Aviv Stock Exchange fell again on Thursday morning, extending a losing streak to four consecutive sessions, according to N12 business reporter Yuval Shadmi. The TA-125 index dropped 0.8%, continuing a slide that began after the US-Iran deal announcement last week.
The Tel Aviv Stock Exchange opened lower on Thursday, with the TA-125 index falling 0.8%, marking the fourth consecutive day of declines, N12 business reporter Yuval Shadmi reported. The sell-off began after the announcement of the US-Iran agreement last week, and has so far wiped roughly 5.8% off the TA-125 index cumulatively across the four sessions, according to Shadmi. The slide runs counter to broader global market trends, which have remained largely stable over the same period.
As reported by The Zioneer on Wednesday, June 17, the market fell for a third consecutive day on the back of the same US-Iran deal, with the TA-125 down roughly 5% from the announcement. Earlier in the week, on June 15, the exchange reversed morning gains to sink 1.5% in a single session. The current week's pattern marks a departure from the brief uptick seen on June 9, when the exchange posted a modest dip after a short round of fighting with Iran concluded.
- StrongTel Aviv Stock Exchange extends sell-off for third consecutive day as US-Iran deal weighs
- DevelopingTel Aviv Stock Exchange dips after brief round of conflict with Iran
- DevelopingTel Aviv Stock Exchange reverses morning gains, sinks 1.5%
- StrongTel Aviv Stock Exchange turns deep red as Iran market posts gains
Source and signal
A single-sourced dispatch is never rated Confirmed or Strong. Its Signal strengthens only when a second, independent source corroborates it.
- Internal intake