Business
Israeli markets slide as election results point to political deadlock
October 28, 2026 at 11:28 AM
4 reports · over 3 hours
Israeli stocks and the shekel fell Wednesday after preliminary election results signaled a political deadlock following Tuesday's general elections.
- Tel Aviv Stock Exchange main indices declined Wednesday, with the construction index falling 5.91 percent.
- Bank shares led losses, with Leumi down 2.61 percent and Hapoalim down 2.71 percent.
- The shekel fell about 1 percent to 3.09 per dollar, giving back most gains from Tuesday's trading.
- The dollar rose 1 percent against the shekel toward 3.09, while the euro exceeded 3.43 shekels.




