Tel Aviv stocks bounce back slightly, remain down

The benchmark TA-35 index on the Tel Aviv Stock Exchange has rebounded slightly after taking a nosedive around noon, but remains down almost 3.7 percent on the day as of 3 p.m.

The TA-125 is also down some 3.5 percent on the day.

Exchanges around the world are taking beatings as the coronavirus and government restrictions on movement wreak havoc on markets.

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