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The shekel has weakened significantly this morning, following the killings of Hezbollah commander Fuad Shukr in an air strike by Israel on Beirut yesterday night, and of Hamas political chief Ismail Haniyeh in Tehran within the early hours of this morning, about which Israel has been silent. The assassination of Fuad Shukr was in response to the deaths of twelve youngsters within the Golan Heights city of Majdal Shams, which was hit by a rocket fired by Hezbollah from Lebanon. There are fears that these incidents might result in the exchanges of fireplace between the IDF and Hezbollah throughout Israel’s northern border turning into all-out battle.
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The shekel-US greenback alternate price is at present 1.22% larger than yesterday’s consultant price, at NIS 3.7788/$, and the shekel-euro price is 1.1% larger, at NIS 4.0878/€.
The principle indices on the Tel Aviv Inventory Change are holding pretty regular. The Tel Aviv 35 Index is at present down 0.28%, at 1,999.55 factors.
The value of oil has spiked because the assassination of Haniyeh in Teheran, with Iran being one of many world’s largest oil producers, and power shares in Tel Aviv are surging. Doral Power is up 6.56%, and OPC Power is up 8.30%. Energean is up 2.20%.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on July 31, 2024.
© Copyright of Globes Writer Itonut (1983) Ltd., 2024.
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