Tel Aviv stocks open at record highs after Gaza ceasefire deal

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Israel’s main stock indexes hit fresh record highs, following a ceasefire accord between the country and Hamas after 15 months of conflict, Reuters reports.

The broader TA-125 index opened at a record high of 2,567.22 points, and was last up 0.5 per cent.

The blue-chip Tel Aviv 35 index opened at a record high of 2,520.41, and was also last up 0.5pc. Both indexes notched record closing highs on Wednesday, while the Israeli shekel and government bonds rallied as news of the complex ceasefire deal emerged following months of mediation by Qatar, Egypt and the US.

Since the outbreak of the conflict on October 7, 2023, the TA-125 index has gained about 44pc.

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