So what does the Israeli Stock Market think of events in Egypt?

I was surprised that there wasn't more of a change in the Tel Aviv stock market with the events in Israel. Sure the stock market has fallen from its recent peak, but it is still only down about 3.3 percent. Now I assume that there could be further changes that could make a real impact on stock prices. If the military gives control to the Muslim Brotherhood, you might then see a real big change. But whether the stock market doesn't think that will happen or whether it is likely but not of great consequence, the stock market seems to think that it won't make very much difference.

Labels: ,


Post a Comment

<< Home