Share prices of industrials and commercial firms dropped on the Tel Aviv Stock. Exchange each day this week in view of uncertainty about development of the Syrian missile crisis and the possibility of war. The only shares to hold their own and even advance slightly were those of the three major banks. While industrial shares fell by between 5 and 10 percent each day, bank shares rose slightly, as did government bonds. According to Stock Exchange sources, Israeli shares quoted on the New York stock market also plummeted sharply in the wake of the war scare.
JTA has documented Jewish history in real-time for over a century. Keep our journalism strong by joining us in supporting independent, award-winning reporting.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
