Sharp Declines in Tel Aviv Banks Index

Tel Aviv 35 loses 1%, TA 125 retreated by 0.8%; Shari Arison sold about 50 million shares of Bank Hapoalim at a total value of NIS 1.3 billion, becoming a bank without a controlling interest. Elbit Systems is expected to complete the acquisition of Israel Military Industries (IMI) by NIS 1.8 billion. 10:15 – Trading...
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