New Delhi, 19 June (IANS). Despite the missile attack on the stock exchange building by Iran, the stock market of Tel-Aviv reached the highest level of 52 weeks on Thursday, showing that investors have confidence in the domestic stock market amidst Israel-Iran struggle.
According to Israeli’s local media report, the new attack by Iran in a new attack on Israel in the morning has also damaged the Tel-Aviva Stock Exchange building.
However, this missile attack did not have any significant impact on the Israeli stock market, but the stock market there has reached the highest level of 52 weeks.
The Oil share index of the Tel-Sviv Stock Exchange rose 0.5 percent to 52 weeks highest level at 2,574.
In addition, other main indexes such as TA -35 and TA -125 are also trading in green mark and the highest levels of their 52 weeks are at 2,810 and 2,850 respectively.
The Major Index of the Israeli Stock Exchange TA 125 has seen a boom since the onset of the war between Iran and Israel on 13 June and it has increased by about 5 percent during this period.
So far this index has increased by about 5 percent in June. At the same time, there was an increase of 6.55 percent in May and 4.53 percent in April.
According to reports, a large hospital in Southern Israel has also been damaged in Iran’s missile attacks.
After this Iranian attack, Israeli Prime Minister Benjamin Netanyahu has warned that Iran will have to “pay a heavy price” after the attack on Soroca Hospital in Bersheba, Southern Israel, while Defense Minister Israel Katj said that the army has been ordered to “intensify the attack on Iran”.
-IANS
ABS/
