The Israeli Stock Exchange is in a strong rise, pushing Shekel to a three -year -old high after an agreement between Israel and Hamas for a truce in Gaza and a hostage release, which brings closer to the end of the war to Gaza.
The Israeli Stock Exchange rose 2.73%, while the Tel Aviv Stock Exchange 35 is up 1.7%, recording a new historical high, with construction companies and banks driving the rise.
Sekel rose 0.7% to 3.24 per dollar, in a high three -year period, while bond yields decline.
The optimism that the two -year conflict may be approaching its end has given the Israeli markets in recent weeks.
Daniel Hapoalim’s Daniel Has said he expects Shekel to be reinforced to about 3.20, as the hostage -release agreement will be implemented. He also said that the Bank of Israel is more likely to be able to reduce interest rates, Bloomberg notes.
In European markets, trends are mixed, as there is an agreement on Gaza on the one hand, but the uncertainty of the political crisis in France still dominates.
Oil is negotiating down on Thursday. In particular, the argon Brent is down 0.44% to $ 65.96 a barrel, while the US WTI is negotiating at $ 62.25 with $ 0.48%.
The gold, a trademark of secure shelters, falls 0.27%, negotiating $ 4,037 per ounce.
In currency markets, the euro -dollar exchange rate has stabilized at 1,1621.
In the pre -conference on Wall Street, the S&P 500 and Nasdaq rose 0.58% and 1.12% respectively.
Source: Skai
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