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Israeli stocks fall, shekel weakens as Netanyahu bloc beats election forecasts
Economic Times 1 hr ago·28 Oct 2026, 12:05 pm
Israel's election results indicate Prime Minister Netanyahu's right-wing bloc is projected to win 54 seats. While the opposition bloc led by Gadi Eisenkot is expected to secure 47 seats, neither group achieved a parliamentary majority. The shekel weakened significantly, and the Tel Aviv stock index fell following the surprising election results. Analysts predict a challenging path ahead for forming a stable government in Israel.
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