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![]() « Russians Taking Massives Losses | Main | Hamas Celebrates Terror » Tel Aviv Stocks Drop
By Micah Halpern
The Tel Aviv Stock Exchange dipped after the collapse of Silicon Valley Bank which sent shock waves throughout the global tech industry. The stock exchange’s benchmark TA-125 index dropped three point thirty-one percent, while the TA-35 index of blue-chip companies lost three point one percent. Other prominent indices, such TA-Biomed, TA-RealEstate, TA-Investment Properties Abroad and TA-Banks5, fell by 4 to 5 percent each. Silicon Valley Bank (SVB) is the biggest lender to fail since the 2008 crisis. The repercussions of this event are expected to have a substantial impact on tech companies and technologies worldwide, including those based in Israel. Read my latest book THUGS. It's easy. Just click. To reprint my essays contact sales (at) www.featurewell.com 24 March 2023 10:54 AM in Thoughts
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