Israel's TA 125 Index Surges Over 1% Amid Signs of US-Iran Conflict De-escalation

US-Iran War Uncertainty Eases, Boosting Israeli Stocks

On March 10, Israeli stocks regained strength as investors assessed comments from US President Donald Trump regarding a possible early end to the war in the Middle East. The TA-125 Index jumped 1.2% to reach 4,256, a day after a sharp 3% crash. The TA-35 Index also recovered, advancing 1.2% to reach 4,281.

Crude Oil Prices dropped 10% in early trade following Trump's statement, which included the removal of oil-related sanctions and a suggestion that the war could end soon. This eased market concerns that had pushed prices to multi-year highs. Despite Trump's comments, the US president warned Iran of stronger attacks if oil shipments through the Strait of Hormuz were disrupted.

Iran, which has effectively stopped tankers from using the Strait of Hormuz, has been a key concern for investors. The Strait is a critical shipping lane, through which nearly 20% of the world's oil is transported.

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Tel Aviv Stock Exchange Shifts Trading Week

The Tel Aviv Stock Exchange has shifted its trading week to Monday-Friday to align with global standards, increase liquidity, and enhance the attractiveness of Israeli capital markets. This decision aims to secure inclusion in global index provider MSCI's Europe category, which was previously rejected in 2022 due to differing market trading days.