Israeli stock market opens deep in the red

Israeli stock markets opened on Sunday at the lowest values recorded in over three years, reflecting heightened uncertainty, amid the ongoing war.

The Israeli main index, TA 35 opened with a record low drop of 5.2 percent.

The index continues to drop and is currently falling by -6.10 percent to a value of 1,719.13.

This marks TA-35 stock index most significant loss in over three years.

The low stock values are setting the stage for a unstable week ahead.

Palestine’s Hamas assault is the deadliest attack on Israel since Egypt’s 1973 victory 50 years ago.