Tel Aviv Stock Exchange TASE

Incoming Israel Securities Authority chairman Yosef (Seffy) Zinger. (Courtesy)

The Tel Aviv Stock Exchange, in the center of Tel Aviv, December 25, 2018. (Adam Shuldman/Flash90)

Shekel seesaws amid Knesset’s judicial selection drama

By Sharon Wrobel

Illustrative: The Tel Aviv Stock Exchange. November 29, 2020. (Miriam Alster/FLASH90)

Shekel weakens as Netanyahu puts judicial reform back on the agenda

By Sharon Wrobel

June 19, 2023, 1:08 pm

Shekel weakens as Netanyahu puts judicial reform back on the agenda

Local currency returns to losses amid renewed uncertainty over the advancement of proposed changes to the judicial system

By Sharon Wrobel

June 14, 2023, 8:45 pm

Shekel seesaws amid Knesset’s judicial selection drama

Currency regains earlier losses after opposition’s surprise win of seat on panel; Israeli shares close lower amid investor concern over ability to reach broad compromise

By Sharon Wrobel

June 12, 2023, 5:51 pm

Seffy Zinger to be appointed head of Israel securities watchdog

Finance minister selects Zinger, a partner at law firm Herzog Fox & Neeman, as chairman of the Israel Securities Authority, subject to approval

By Sharon Wrobel

June 7, 2023, 7:00 pm

Shekel returns to gains amid cautious market optimism over judicial compromise bid

Recent comments by government representatives and selection process of judicial panel bring some confidence back to Israeli markets, erasing most of the losses of the past 2 weeks

By Sharon Wrobel

Zephyrus Wing Energies Ltd.'s management team opens trade at Tel Aviv Stock Exchange together with TASE officials, April 23, 2023. (Credit: Liat Mandel)

April 23, 2023, 7:38 pm

Renewable energy firm opens trade on Tel Aviv Stock Exchange after IPO

Zephyrus Wing Energies is the first company to list on the TASE since August; raises NIS 145 million at a company valuation of NIS 935 million

By Sharon Wrobel

A sign for Moody's Corp. in New York, August 13, 2010. (AP Photo/ Mark Lennihan/ File)

April 16, 2023, 4:30 pm

Dismissing Moody’s downgrade, Smotrich says any economic damage is fault of protests

Outgoing securities chief: ‘Ignoring risks undermines confidence in Israeli market’; economist warns: Israel set to be on investors’ and credit rating agencies’ ‘watch list’

By Sharon Wrobel

March 27, 2023, 3:20 pm

Israeli shares rise and shekel gains in anticipation of pause to judicial overhaul

Stores, banks, and offices around the country begin to close, joining the nationwide strike against the government’s plans; Discount Bank warns of economic impact of unrest

By Sharon Wrobel

A stock market ticker screen in the empty lobby of the Tel Aviv Stock Exchange, on March 15, 2020. (Flash90/File)

March 12, 2023, 9:38 pm

Israel mutual fund withdrawals moderate, after public pulls NIS 8.5b in February

Tel Aviv Stock Exchange’s head of trading says market is pricing in 20-30% chance for a compromise deal on the government’s controversial judicial revamp

By Sharon Wrobel

March 12, 2023, 4:07 pm

Tel Aviv shares drop as SVB failure triggers cash-flow concern for Israeli startups

LeumiTech says it helped Israeli startups transfer $1 billion out of SVB accounts; government pledges to help tech firms

By Sharon Wrobel

The Tel Aviv Stock Exchange, December 25, 2018. (Adam Shuldman/Flash90)

March 1, 2023, 7:46 pm

Shekel is world’s 3rd-worst performer in February as judicial jitters weigh on market

Local currency weakens 6% and stocks drop as foreign investors step up activity in Israel’s foreign exchange market, amid concern over economic repercussions of overhaul

By Sharon Wrobel

A stock market ticker in the lobby of the Tel Aviv Stock Exchange, March 15, 2020. (Flash90)

February 27, 2023, 1:47 pm

Goldman Sachs warns of continued shekel ‘risk’ premium driven by judicial turmoil

Since the end of January, the shekel has ‘significantly’ underperformed global markets; investment bank sees further weakness risk for the currency in short term

By Sharon Wrobel

February 22, 2023, 4:40 pm

Shekel reverses earlier losses after Wall Street dive and judicial overhaul jitters

Economists expect continued shekel weakness amid political uncertainty to spur inflation, boosting the outlook for higher interest rates

By Sharon Wrobel

Israeli tech company employees stage protest in Tel Aviv against judicial overhaul, January 21, 2023 (Courtesy)

January 31, 2023, 5:12 pm

Hundreds of tech workers rally against judicial shakeup plans for 2nd week in a row

Protests held at 16 sites across country, including in Tel Aviv, where some demonstrators try to block traffic, clash with police; former Supreme Court head warns against plan

By Sharon Wrobel

From right to left: Mohamed Al Khaja, the UAE Ambassador to the State of Israel; ADGM Chairman Ahmed Jasim Al Zaabi, and Ittai Ben Zeev, TASE CEO. (Kobi Wolf)

September 7, 2022, 6:09 pm

‘Just scratched the surface’: Israel, UAE celebrate growing ties and trade

Two years after signing of Abraham Accords, enthusiasm and awe prevail at Tel Aviv business conference with Emirati delegation

By Shoshanna Solomon

GoTo vehicles in Israel. (Shay Yechezkel)

February 21, 2022, 6:57 pm

After Europe expansion, Israeli shared mobility firm hits Tel Aviv Stock Exchange

GoTo Global sets sights on solving congestion in city centers with micro-mobility solutions such as e-scooters, bikes, and shared cars

By Ricky Ben-David