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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.”
Originally posted by bluemirage5
reply to post by confreak
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
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.