Tel Aviv stocks bounce amid hopeful signs

Israel’s stock market has jumped on the opening bell, with the benchmark TA-35 and TA-125 indexes each gaining over 0.7 percent in just minutes.

Boursas in Europe are also seeing gains, as investors look ahead to meetings of US and European central bankers this week for additional measures to reverse the deepest global slump since the 1930s.

Asian stock markets gained earlier after Japan’s central bank promised more asset purchases to shore up financial markets and more governments prepared to revive struggling economies by reopening businesses.

Tokyo’s benchmark surged 2.8% and Shanghai, Hong Kong and Sydney also gained.

 

Most Popular
If you’d like to comment, join
The Times of Israel Community.
Join The Times of Israel Community
Commenting is available for paying members of The Times of Israel Community only. Please join our Community to comment and enjoy other Community benefits.
Please use the following structure: example@domain.com
Confirm Mail
Thank you! Now check your email
You are now a member of The Times of Israel Community! We sent you an email with a login link to . Once you're set up, you can start enjoying Community benefits and commenting.