Israel’s stock market drops as exit polls show no clear election winner
Summary
Israel’s benchmark Tel Aviv 125 index fell as much as 3.5% in early trading after election exit polls showed no clear winner. With more than 76% of votes counted, Prime Minister Benjamin Netanyahu’s coalition was projected to win 54 seats and the opposition bloc led by Gadi Eisenkot 47, short of the 61 seats needed for a majority.Key Facts
- The election is for seats in Israel’s 26th Knesset, its unicameral parliament.
- Israeli media reported the seat projections as of 09:30 GMT, with more than 76% of votes counted.
- Israel’s GDP grew 2.9% in 2025 and 3.2% in the first half of 2026, according to government figures.
- The Bank of Israel raised its 2026 GDP growth forecast to 5.6%, from 4%.
- The central bank forecast GDP growth of 7.5% for 2027.
- The Bank of Israel cited increased production by Israeli firms overseas when raising its 2026 forecast.
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