Israel stocks weekly wrap: TA-35 slips as Iran strikes hang over next Tel Aviv session
Tel Aviv’s TA-35 index closed at 4,128.36 on Friday, up 0.65% for the day but down 2.5% for the week, as Israel confirmed a missile strike against Iran. Explosions were reported in Tehran, and Iran’s supreme leader was moved to a secure location, according to Reuters. Oil prices rose and the shekel traded at 3.14 per dollar. The Bank of Israel kept its rate at 4% amid rising geopolitical risk.