Tel Aviv Shares Up 0.5 Percent After Elections

YERUSHALAYIM (Reuters) -
A view from street level of the Tel Aviv Stock Exchange. (Adam Shuldman/Flash90)

The Tel Aviv Stock Exchange’s main indexes opened up 0.5 percent on Wednesday after results from Israel’s general election indicated that Prime Minister Binyamin Netanyahu won another term.

“The gains were interpreted as a show of confidence by investors, who have benefited from Netanyahu’s stewardship of the strong economy over the past decade,” the Yisrael Hayom newspaper commented.