The Israeli market has been falling the fourth session in a row. The early elections is the reason for the fall. The current market decline is the most serious in the past decade.
TA-35 index has fallen by 11%. A similar reduction was last observed in 2008. The banking sector has experienced the greatest decline.
The news about the election appeared on Monday. They will be held in April. Benjamin Netanyahu believes that his party will easily win and become the basis for a future political coalition. Previously, it was planned to hold elections in November next year.
At the moment, the government consists of 5 parties.
The material was prepared with the participation of Katya Gordon,
a leading analyst of the brokerage company CT Trade