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141 Tel Aviv stocks have doubled since Oct. 7: 'There's still room for gains'

image sourced from original article at https://www.ynetnews.com/business/article/h1i8nqcaxg

The Tel Aviv Stock Exchange has seen a remarkable surge, with 141 stocks doubling in value since October 7. As the war in Gaza nears its end and hostages return home, investor optimism has pushed all major indices to new highs. Trading volume soared to NIS 4.4 billion, an unusually high figure for the holiday period. Real estate stocks led the rally, with the TA-Building index jumping 9.1 percent, the TA-Real Estate index rising 6.6 percent, and the TA-Israel Eigar Real Estate index climbing 5.1 percent. The flagship TA-35 index gained 2.3 percent, while the broader TA-125 index rose 2.9 percent. Market analysts suggest there is still room for further gains as the situation stabilizes.

Original article source: https://www.ynetnews.com/business/article/h1i8nqcaxg
Source Id: 8907221699

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