Israeli Benchmark Index Sees Gains After Three-Day Plunge
- Shares partially recoup loss from sharpest drop in 7 years
- Amid global pressures, early election call weighing on TASE
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Israeli stocks closed up Tuesday, recovering from a three-day plunge exacerbated by Prime Minister Benjamin Netanyahu’s coalition vote to dissolve the parliament and move up elections by seven months.
The TA-35 bounced back from the decline as 30 index members advanced, with Bank Hapoalim Ltd. and Bank Leumi Le-Israel BM seen as the biggest contributors to gains.