Israel-Iran war: Israel stock market surges to 52-week high despite report of Iran's missile attack on exchange building
Israel stock exchange: Defying escalating tensions with Iran and fresh reports of an attack targeting the exchange, the Tel Aviv Stock Exchange surged to a 52-week high today, June 19. Despite the geopolitical strain, Israel's stock market demonstrated resilience, with investors continuing to buy into local equities amid the uncertainty.
Al Jazeera reported on June 19 that the Israeli stock exchange building was damaged after Iran launched 25 missiles in a fresh attack on Israel. Yet, the Tel Aviv Stock Exchange (TASE) surged 3.8% to the 52-week high of 6,291.
The Iran-Israel war, which entered its seventh day today, has kept the global stock markets on edge, even as stocks in Israel continue to trade higher.
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