Shares on Tel Aviv Stock Exchange drop amid Hamas, Houthi attacks on central Israel

Shares on the Tel Aviv Stock Exchange drop further as the Hamas terror group resumes rocket attacks at central Israel, with sirens sounding in the Tel Aviv area.

The Tel Aviv Stock Exchange’s benchmark TA-125 index falls 1.2% after slipping 0.4% earlier in the day. The TA-35 index of blue-chip companies is down 1.1%. The TA-90 index, which tracks the shares with the highest capitalization not included in the TA-35 index, declines almost 1.3%, and the TA-Insurance and Financial Services index dives 2.3%.

The shekel depreciates for the fourth day this week, declining 0.3 percent, trading around NIS 3.6670 per dollar.

Overnight, Israel Defense Forces downed a missile fired from Yemen before the projectile entered Israeli airspace, with the Iran-backed Houthi terror group claiming responsibility for its second attack on the country this week.