Jerusalem stock exchange suspended as 6% drop occurs after opening.

The Tel Aviv Stock Exchange opened to major losses Sunday, as indices plunged by more than 6 percent, immediately prompting a series of brief suspensions in trading. Upon opening, the TA-25 fell 5 percent to 1,100 points; the TA-100 plunged 5.2 percent; the TA-Banking Index dropped 5.3 percent; and the TA Real-Estate 15 fell 6.4 percent.The losses come as the international markets were left reeling by the announcement Friday that Standard & Poor’s had downgraded the U.S. credit rating for the first time in history. Trading began for several minutes in Tel Aviv on Sunday, but suspensions began almost at once, as the bourse reverted to what has been dubbed an “English opening.”

www.haaretz.com...


Wow oh wow. Within minutes, they had to suspend trading. Looks like the downgrade is having international consequences. Monday looks like it will be a solemn day for the Markets here in the US.

I wonder about the future of the world's economy. I wonder, is there really something to the "quickening"

How come we never suspend the trading?

reply to post by TheOneElectric


It's all the tea party's fault they had to suspend the Jerusalem stock exchange, Rand Paul is to blame.

But seriously, I wonder if this is in direct correlation with the protests going on in Israel?

What time does European trading open from now? I'm in Australia and it's 1.10am now.......

reply to post by bluemirage5


in one hour....it start showing movement

reply to post by Stormdancer777


Wait until Tuesday

reply to post by TheOneElectric


By the way, it was a Zionist leader who not long ago who clearly said that Israel won't survive without US.

reply to post by confreak


What the...................

this is about the stock exchange.....not whether Israel survives or not!

Get back on track friend!

Originally posted by TheOneElectric
reply to post by Stormdancer777

 

Wait until Tuesday

Tuesday? not Monday?

alrighty

Let all of the markets crash. The time for anarchy is almost upon on the world. They never should have shut the market down if people and companies go broke. Too bad soo sad.

reply to post by Stormdancer777


I'm assuming Monday is going to be horrendous; however, not bad enough to cause a suspension. I think that will come Tuesday if the speculation or Asian/Euro Markets are down that US Monday night. If Markets open badly on Tuesday that mimics Monday's drops then I expect a suspension.

reply to post by Stormdancer777


We do.
Link

reply to post by TheOneElectric


You might be right.

Have you heard any word of the G20 meeting that is supposed to be underway, I think, in Brazil?

reply to post by bluemirage5


I have not heard of this. I will look into it, thanks for the heads up.

reply to post by TheOneElectric


This is all I know about it.....

www.reuters.com...

Then I found this just now:

www.reuters.com...

www.reuters.com...

Originally posted by bluemirage5
reply to post by confreak

 

What the...................

this is about the stock exchange.....not whether Israel survives or not!

Get back on track friend!

Ohh GOD, so adorable.

Note and I will say it again, a Zionist leader said Israel won't survive without US.. Are you seriously saying you can't connect that to this news?

Originally posted by TheOneElectric
reply to post by Stormdancer777

 

I'm assuming Monday is going to be horrendous; however, not bad enough to cause a suspension. I think that will come Tuesday if the speculation or Asian/Euro Markets are down that US Monday night. If Markets open badly on Tuesday that mimics Monday's drops then I expect a suspension.

Thank you, I try and understand this market thing.
I will keep track of your topic keep us posted.

Originally posted by stephinrazin
reply to post by Stormdancer777

 

We do.
Link

OH, have we done that recently? I had no idea.

Israel's stock market is open on Sunday????

reply to post by TheOneElectric


When the gold market opens later today it's gonna go through the roof. Damn I wish I had money invested in that 8 years ago. $300/ounce to $1660/ounce in 8 years.. Amazing.