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Tel Aviv stocks, shekel jump in response to US-Israel attack on Iran

W
Mar 2, 2026 · 09:33

Tel Aviv ​shares opened sharply ​higher on Monday while the shekel ​gained ‌against ⁠the dollar in the ‌market's first response to ⁠US-Israeli strikes on Iran that began ​over the ‌weekend.

The blue-chip Tel Aviv 35 ‌index was 4.9% ​higher at 0905 GMT, while the broader TA-125 ​was up ​5%. Defence firm ​Elbit Systems gained 6.6%.

The ​shekel appreciated 1.5% versus the dollar to 3.087, nearing ⁠a 30-year high ⁠reached ​last month.

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