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Israeli Stock Market Up, Shekel Strengthens as Gaza War Continues
(Ha'aretz) David Rosenberg - Stocks and bonds on the Tel Aviv Stock Exchange have been enjoying a sustained rally and the shekel is 6% stronger against the dollar than it was on the eve of the Hamas attack on Oct. 7. The future interests investors more than the present. There seems to be a feeling that Israel will recover from the war quickly, just as it has in past wars, and the economy will resume growing as if nothing happened, supported by a recovering tech sector and a growing defense industry.