In a news conference on Sunday, the Tel Aviv Stock Exchange announced that it may extend Israel’s trading day by an hour in order to attract more European investors and boost the amount of trading.
Israel’s stock trading day currently ends two hours before the European markets close. In 2009, TASE shortened its trading day by an hour to 4:30pm due to lack of turnover in that hour.
Israel may soon be added to the FTSE and MSCI European indexes, which is expected to bring between $1 billion and $2 billion into the Israeli market.Malkah Fleisher
About the Author: Malkah Fleisher is a graduate of Cardozo Law School in New York City. She is an editor/staff writer at JewishPress.com and co-hosts a weekly Israeli FM radio show. Malkah lives with her husband and two children on the Mount of Olives in Jerusalem.
If you don't see your comment after publishing it, refresh the page.
Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.
If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.