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2025-09-17 22:37:32
The Israeli stock market sell-off has continued into its sixth trading day, marking the longest losing streak in 18 months, as investors grow increasingly concerned about the economic impact of the Gaza conflict. The Tel Aviv Stock Exchange 35 Index fell 1.8%, bringing the cumulative decline since September 9th to 4.3%. While stock investors continued to withdraw from the market this week, the Israeli shekel and US dollar bonds barely moved. The European Commission said in a statement on Wednesday that it had proposed suspending Israel's preferential trade treatment, which would mean that Israel would be subject to the same tariff rates as other countries that do not have trade agreements with the EU. In a speech earlier this week, Israeli Prime Minister Benjamin Netanyahu acknowledged Israel's isolation and stressed the need to rely on its own strength to withstand potential sanctions.
