New Delhi, 22 June (IANS). The Israeli Tel Aviv Stock Exchange rose over five percent to all-time high on Sunday.
The Israeli stock market rose at a time when American has entered the ongoing struggle with Iran.
Tel Aviv Stock Exchange (TASE) has created a new all-time high of 6,490. It was currently trading around 6,450, which is 5 percent more than 6,137.
Other Israeli stock index was also trading fast.
According to Israeli media, the benchmark TA-125 index of Tel Aviv Stock Exchange was trading with a gain of 1.6 percent. At the same time, the index T-35 of Israel’s blue chip companies saw a rise of more than 1.5 percent. At the same time, TA-Insurance and Financial Services Index recorded an increase of more than 3.2 percent.
Due to Friday holiday in Israel, the stock markets there trade on Sunday.
On Sunday morning, the US attacked three major nuclear bases in Iran, there is a possibility of tension between the two countries and is attacking Iran, Israel.
The Israeli Defense Forces (IDF) has confirmed that Iran fired more than 30 ballistic missiles on Israel on Sunday morning. About 16 people were reported injured in these attacks, while many buildings have been damaged.
According to Indian time, the US attacked the three major nuclear sites Fordo, Natanj and Esfahan of Iran at 4.30 am on Sunday, after which Iran’s retaliation has been observed.
Several major cities including Tel Aviv, Haifa and Jerusalem have been targeted in Iran’s attacks.
Earlier on Thursday morning, the new attack by Iran with 25 missiles on Israel was also damaged to the Building of Tel-Sviv Stock Exchange.
-IANS
ABS/