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Israel stocks higher at close of trade; TA 35 up 0.82%

Israeli stocks rose on Monday, led by Banking, Financials, and Real Estate, with the TA 35 up 0.82%. Commodities and currencies also saw movements.

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Israel stocks lower at close of trade; TA 35 down 0.88%

Israel's TA 35 index fell 0.88%, led by losses in Oil & Gas, Real Estate, and Communication sectors, with Tower Semiconductor shares reaching 52-week highs.

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Israel central bank unlikely to cut rates again in 2024, deputy governor says

The Bank of Israel is unlikely to cut interest rates in 2024 due to inflation pressures and geopolitical risk, emphasizing cautious monetary policy amid economic uncertainties.

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Israel stocks lower at close of trade; TA 35 down 0.02%

Israeli stocks fell after sector losses; TA 35 dropped 0.02%. Best performers included Tower Semiconductor and Teva, while Israel Corp led declines. Crude and gold prices also decreased.

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Bank of Israel to keep rates on hold in contrast to expected Fed, ECB cuts : Reuters poll

The Bank of Israel maintains interest rates amid inflation concerns and uncertainty due to the Israel-Hamas conflict, while economists anticipate future cuts depending on economic developments.

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Fitch cuts Israel's credit rating as Middle East tensions rise