Israel Stocks, Shekel Plunge as TA-35 Sheds 12% on Iran Peace Deal Fears
Updated
Updated · Bloomberg · Jun 23
Israel Stocks, Shekel Plunge as TA-35 Sheds 12% on Iran Peace Deal Fears
3 articles · Updated · Bloomberg · Jun 23
Summary
Israel’s stocks and currency have become the world’s worst performers this month as investors worry a peace deal with Iran could leave Israel weaker with both enemies and allies.
The TA-35 has dropped more than 12% in dollar terms in June, the biggest loss among national equity benchmarks.
That selloff is on track to be Israel’s sharpest monthly equity decline since October 2023, when Hamas’s attack triggered the Gaza war that later spread to Lebanon and Iran.