Israel -ran 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 Surgeed to a 52-Veeek High Today, June 19. Market Demonstrated Resilience, With Investors Continuing to Buy Into Local Equites Amid the Uncerty.

Israel Stock Market: Flashing Green

Al Jazeera Reported on June 19 that israeli stock exchange building Yet, The Tel Aviv Stock Exchange’s All Share Index Surged 0.5% to the 52-Veeek High of 2,574.89. Other indices like the ta-35 and ta-125 also tradeed in the green and at their 52-wheek high levels of 2,810.85 and 2,850.08, respectively.

The Israeli Stock Exchange’s Flagship Index Ta 125 has been in an uptrend since the inception of the war between ran and israel on June 13, Gaining 5% during 5% during this period. The index is up near 5% in June so far, building on a 6.55% Rise Seen in May and a 4.53% Gain Recorded in April.

AFP Confirmed the news of Iranian missile striks on Israel. A hospital in southern israel and two towns near tel aviv was struruck after a barrage of Iranian missiles on Thursday morning, the news report said.

Prime Minister Benjamin Netanyahu Warned That Iran Bold “Pay a Heavy Price” after the Strike on Soroka Hospital in Beersheba in Southern Israel, Whilee Defense Minister Israel Katz SAID SAID SAID SAID Been Ordered to “Intensify” Striks on Iran.

Sirens Sounded Across israel early thuresday as the Military said it detected Incoming Missiles from Iran and AFP Journalists reported hearing hearing loud blasts in tel aviv and Jerusalems, the news agency reporteem. A MILITARY official added that “dozens of ballistic missiles” Had been launched at israel.

Global Stock Markets Under Pressure

The Iran-Israel War, which entred its seventh day today, however, have kept the global stock markets on edge, even as stocks in israel containue to trade higher.

In europe, stocks fell for a third day, leaving the stoxx 600 down near 2.5% on the week, set for its biggest week-on-wheek decline since the tariff-iduated turmoil.

Us S & P 500 Futures Fell 0.6%, Although Most Us Markets – Including Wall Street and the Treasury Market – Will be Closed on Closed on Closed on Chiursday for a Public Holiday. The gloomy mood hamphed asian stocks, with Taiwan’s Stock Benchmark Down 1.5%, and hong kong’s hangs Seng Sliding 2%.

Back Home, The Indian Stock Markets appeared resilient, down just 0.05% in afternoon trade.

(With inputs from agencies)

Disclaimer: This story is for educational purposes only. The views and recommendations made Above are that of individual analysts or broking companies, and not of mint. We Advise Investors to Check With Certified Experts Before Making Any Investments Decisions.