Israeli stocks slump in first day of trade since Gaza attack

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By News Room 0 Min Read

Israeli stocks skidded Sunday, reeling one day after the surprise attack from Gaza.

The benchmark TA-35 index IL:TA35 fell 7% to 1,703.38 in Sunday morning trade, with every constituent except generic drugmaker Teva Pharmaceutical IL:TEVA lower.

Several companies saw double-digit losses including Newmed Energy IL:NWMD, an oil and gas explorer;…

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