
Israel Stock Market Hits 52-Week High Despite Iranian Missile Strike on Exchange Building
The TASE All Share index rose by 0.5% to 2,574.89, while the benchmark TA-35 and TA-125 indices reached 52-week highs of 2,810.85 and 2,850.08 respectively. The TA-125 index alone has gained nearly 5% in June, following strong performances in April and May.
Also Read: Iran Strikes Tel Aviv Stock Exchange and Israeli Hospital: Videos
Despite widespread sirens and confirmed missile impacts across Be’er Sheva and Tel Aviv — including on Soroka Hospital — investor sentiment in Israel remained unexpectedly bullish. According to analysts, several factors may be contributing to the resilience:
This positive market momentum starkly contrasts with global sentiment, where European indices like STOXX 600 fell for a third straight day and US futures dipped by 0.6%, reflecting fears of escalating Middle East conflict.
Iran’s Islamic Revolutionary Guard Corps launched a fresh round of missile attacks early Thursday as part of “Operation True Promise 3”, responding to Israel’s “Operation Rising Lion”, a large-scale airstrike campaign on Iranian nuclear and military facilities that began June 13.
Also Read: Israel-Iran Escalation Live Update: Iran Downs Israeli Drone
Meanwhile, Israel’s counterstrikes reportedly hit Iran’s Arak heavy water reactor, prompting fears of a broader regional escalation.
While Israel’s domestic equities rose, international markets reacted with caution:
In India, benchmark indices showed mild resilience, with only a 0.05% dip in intraday trade, as investors closely watch both global cues and oil price fluctuations.
Despite a missile strike on its very own exchange building, Israel’s stock market continues to outperform global peers, buoyed by domestic confidence and robust institutional backing. However, continued military escalations with Iran may test this resilience in the coming days.
Tags: Israel Stock Market, Tel Aviv Stock Exchange, Iran Missile Strike, Israel-Iran War, TA-125 Index, TA-35, Global Market Trends, Soroka Hospital, Operation Rising Lion, Operation True Promise 3
#IsraelStockMarket #IranIsraelConflict #TASE #MiddleEastTensions #GeopoliticalMarkets #GlobalEconomy #Netanyahu #CrudeOilPrices #StockMarketNews
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