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Mario Nawfal, founder & CEO at IBC Group, reports that the Tel Aviv Stock Exchange continues to decline following the U.S.-Iran deal, which is considered a significant blow to Israeli security and interests.
The Tel Aviv 35 Index decreased by 2.01% to 4,255.89, the Tel Aviv 125 Index fell 2.34% to 4,191.81, and the BlueTech Global Index dropped 1.60% to 689.98.
Nawfal has previously highlighted major market shifts linked to high-profile companies. He reported that the net worth of Elon Musk surged by $164.8 billion in one day. In a separate update, he noted that the SpaceX IPO filing triggered a rally in space and satellite stocks.