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From the Liveblog of
Tuesday, January 14, 2025
From the Liveblog of
Tuesday, January 14, 2025
Shekel gains, Tel Aviv stocks rise on expectation of hostage-ceasefire deal
Add ToI as a Preferred Source on GoogleSharon Wrobel is a tech reporter for The Times of Israel
Illustrative: New Israeli shekel bills, September 24, 2023. (Hadar Youavian/ Flash90)
The shekel gains and shares on the Tel Aviv Stock Exchange rise amid reports that Israel is on the brink of agreeing on a deal for a ceasefire and the release of hostages held by the Hamas terror group.
The local currency appreciates by about 1.2 percent and trades around 3.63 against the dollar. The Tel Aviv Stock Exchange’s benchmark TA-125 index and the TA-35 index of blue chip companies both add about 0.6%. The TA-Technology index is up 0.9%.
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