{"id":5314,"date":"2023-10-09T10:58:10","date_gmt":"2023-10-09T14:58:10","guid":{"rendered":"https:\/\/usa.businessupturn.com\/?p=5314"},"modified":"2023-10-13T23:39:35","modified_gmt":"2023-10-14T03:39:35","slug":"israel-markets-sink-businesses-shut-after-surprise-attack-by-hamas-gunmen","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/israel-markets-sink-businesses-shut-after-surprise-attack-by-hamas-gunmen\/5314\/","title":{"rendered":"Israel markets sink, businesses shut after surprise attack by Hamas gunmen"},"content":{"rendered":"<p>Israeli stock and bond prices witnessed a plunged and many businesses were shut on Sunday, a day after militants of Hamas infiltrated the Israeli territory and killed hundreds of civilians and abducted an unknown number of others.<\/p>\n<p>Key Tel Aviv share indices ended on 7% lower and the banking shares were dropped by 9%, on a turnover of 2.2 billion shekels ($573 million). The government bond prices fell as much as 3% in the market\u2019s initial response to the bloodiest attack on Israel in decades.<\/p>\n<p>While the foreign exchange market is closed on Sunday, shekel is already at its lowest for the year due to the highly contested government\u2019s plan to overhaul the judiciary.<\/p>\n<p>\u201cThe shekel will most likely weaken sharply tomorrow and we see a high probability that at some point the Bank of Israel will sell FX,\u201d said Jonathan Katz, chief economist at Leader Capital Markets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Israeli stock and bond prices witnessed a plunged and many businesses were shut on Sunday, a day after militants of\u2026<\/p>\n","protected":false},"author":175,"featured_media":5332,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[1410],"class_list":["post-5314","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-markets","tag-israel-stock-market"],"reading_time":"1 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/5314","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/users\/175"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=5314"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/5314\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/5332"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=5314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=5314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=5314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}