Market Downturn Continues

Shares on the Tel Aviv Stock Exchange continued their decline on Monday, as investors remained wary of the impact of US global tariffs. The TA-35 index fell by 2.26%, with the TA-125 and TA-90 indices also experiencing significant drops.

Political Efforts to Mitigate Impact

Israeli Prime Minister Benjamin Netanyahu is set to meet with US President Donald Trump to discuss potential tariff reductions. Finance Minister Bezalel Smotrich has already initiated negotiations with the US administration, aiming to ease the financial strain on Israeli markets.

Underlying Causes of Market Pessimism

The bearish trend is further fueled by renewed fighting in Gaza and the dimming prospects for a new ceasefire agreement. These factors combined have created a climate of uncertainty, deterring investor confidence.