Euphoria in TASE

The successful attack on the Ayatollah Ali Khamenei is causing large upward movements on the Tel Aviv Stock Exchange. Globes says it is euphoria.  The Tel Aviv 35 Index is up 3.67% at 4,279.74 points - a new record. The Tel Aviv 125 index is up 3.85% at 4,231.79 points, also a new record. Trading volumes are very high. The All-Bond Index is up 0.33% at 423.50 points. Insurance stocks are particularly strong with Clal, Harel and Menorah Mivtachim all more than 9% higher although energy stocks are down. Bank and defense stocks are also showing strong gains.

On the foreign exchange market, in late morning inter-bank trading, the shekel-dollar rate is 1.93% lower than Friday, at NIS 3.072/$ that is the shekel is very strong. Iran has effectively closed the Hormuz and oil and gas prices are expected to rise strongly. The war will cause pain to Europe and the Gulf emirates. 

My Granduncle Moyshe asked my mother about names of the family in Vac. He was giving the dead's names to the new generation and had run out of names. In a modest way, I have remade some of my Jaszbereny Grandfather Gyula's prosperity. I am optimist.