Tel Aviv stock market hits all-time high amid escalating Iran-Israel conflict and US intervention

IANS June 22, 2025 340 views

The Tel Aviv Stock Exchange hit an all-time high despite escalating tensions between Israel and Iran. US airstrikes on Iranian nuclear sites triggered retaliatory missile attacks on Israeli cities. Surprisingly, Israeli stocks surged 5%, with financial and insurance sectors leading gains. The market rally defied expectations as geopolitical risks intensified in the region.

"The rally came just hours after the US launched strikes on three major nuclear facilities in Iran." – Report
New Delhi, June 22: The Tel Aviv Stock Exchange (TASE) surged more than five per cent on Sunday, reaching a fresh all-time high, even as geopolitical tensions escalated with the US entering the ongoing conflict between Israel and Iran.

Key Points

1

TASE surges 5% to record high amid US-Iran strikes

2

Israeli indices gain despite missile attacks

3

US airstrikes target Fordow, Natanz, Isfahan

4

Iran retaliates with 30+ ballistic missiles

TASE touched a new peak of 6,490 before stabilising around 6,450, marking a significant five per cent rise from its previous close of 6,137.

The broader Israeli stock indices also witnessed strong gains during the trading session.

According to Israeli media reports, the TA-125 benchmark index was up by 1.6 per cent, while the TA-35 index, which tracks Israel's leading blue-chip companies, gained more than 1.5 per cent.

The TA-Insurance and Financial Services Index recorded a sharp 3.2 per cent jump -- reflecting strong investor interest across sectors.

Unlike most global markets, Israel's stock exchanges remain open on Sundays due to the Friday weekend observed in the country.

The rally came just hours after the US launched strikes on three major nuclear facilities in Iran -- Fordow, Natanz, and Isfahan -- early Sunday morning. (India time 4:30 a.m.)

The US airstrikes have significantly intensified tensions in the region, prompting swift retaliatory action from Iran.

In response, Iran fired more than 30 ballistic missiles at Israel, according to the Israel Defense Forces.

The attacks reportedly left at least 16 people injured and caused damage to multiple buildings across the country.

Key Israeli cities, including Tel Aviv, Haifa, and Jerusalem, were targeted in Iran's retaliatory strikes.

Notably, the Tel Aviv Stock Exchange building itself was damaged during a missile attack by Iran on Thursday, when 25 missiles were fired toward Israel.

Markets were already on a strong upward trajectory, with stocks gaining ground in all five trading sessions last week.

The overall rally amounted to nearly six per cent, driven by Israel's strikes on Iranian nuclear and military installations.

Reader Comments

R
Rajesh K.
Very surprising to see markets rising during war! But I suppose investors see this as Israel showing strength against Iran. Hope the conflict doesn't escalate further though - we don't need another global crisis right now. 🇮🇳
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Priya M.
This shows how disconnected stock markets can be from ground realities. People are getting hurt while investors make money. India should be careful about oil prices though - any Middle East conflict hits our economy hard.
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Amit S.
Interesting how Israel keeps its markets open even during attacks. Shows their resilience. But as an Indian, I'm more worried about how this affects our crude oil imports. Petrol prices are already too high! 😓
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Sunita R.
The US getting involved makes this very dangerous. India should maintain its balanced approach - we have good relations with both Israel and Iran. Our foreign policy team needs to handle this carefully.
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Vikram J.
Stock markets often rise during initial phases of conflict - it's called the "war rally". But if this drags on, we'll see the real impact. Meanwhile, India should focus on protecting our citizens in the region and securing oil supplies.
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Neha P.
The human cost is terrible, but from investment perspective, Israeli tech companies might see more global support now. Many Indian startups work with Israeli firms - hope our collaborations aren't affected. #PrayForPeace

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Tags:
Tel Aviv Stock Exchange Israel Iran conflict US intervention TASE record high Middle East markets