image sourced from original article at The Tel Aviv Stock Exchange experienced significant declines today, with the main indices falling sharply amid high trading volumes. The Tel Aviv 35 Index dropped nearly 2%, while the Tel Aviv 125 and BlueTech Global indices also posted notable losses. Defense stocks were particularly weak, with Elbit Systems and Aryt among the biggest decliners, causing the Tel Aviv Defense Index to fall by almost 4%.
Teva led trading but fell over 5%, and Tower Semiconductor slipped after initial gains from a new collaboration announcement. Major banks such as Bank Hapoalim and Bank Leumi also saw declines. On the other hand, some real estate stocks like Property & Building and Mega Or managed to post gains. The foreign exchange market saw the shekel weaken against both the dollar and the euro.
