Friday, June 20, 2025

Israel’s Tel Aviv Stock Exchange hit by Iranian missile, says report

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In a significant escalation in the ongoing Iran-Israel war, Tehran has reportedly launched more than 25 missiles targeting key locations within Israel, with one landing on the Tel Aviv Stock Exchange today (June 19) .According to Al Jazeera, a missile damaged the Tel Aviv Stock Exchange building, a symbol of Israel’s financial stability. Despite the latest military developments and ongoing clashes involving Hamas and Iran, the Tel Aviv Stock Exchange (TASE) has shown surprising resilience.

On Thursday itself, the day of the strike, the benchmark index surged 4.26% intraday to reach 6,311 — marking a new 52-week high. Since the onset of the Iran-Israel conflict, the index has climbed nearly 14%, adding around 800 points.
The TASE operates from 9.59 am to 5.14 pm local time in Israel (12.29 pm to 7.44 pm IST).Over the past month, the exchange has risen 3.24%, and over a six-month period, it has surged by more than 40%.

Iranian strikes had also targeted a major hospital in southern Israel. On Thursday, Israel’s Magen David Adom rescue service reported that at least 32 people were injured from these latest missile attacks.

ALSO READ | What’s the ‘Doomsday Plane’ spotted in Washington amid Israel-Iran war

The leaders of the two warring nations traded threats with Israeli Prime Minister Benjamin Netanyahu declaring that Tehran would “pay a heavy price” for the missile strike on the hospital in southern Israel.

On Wednesday, Iran’s supreme leader in a stark appearance on TV, had rejected US President Donald Trump’s calls for “unconditional surrender” and warned of “irreparable damage” in case America joined the military operations. Ayatollah Khamenei said, “Intelligent people who know Iran, the nation and the history of Iran, will never speak to this nation in the language of threats, because the Iranian nation cannot be surrendered.”

For LIVE updates on Iran-Israel war click here



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