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Israeli stocks fell sharply in mid-day trading on Wednesday after the inconclusive election, Haaretz reported. The construction index was losing 8 percent, banks were down 4 percent, and the shekel was losing ground against the US dollar. Market losses came as neither bloc had reached the 61 seats needed for a majority and coalition talks were expected to be prolonged.

Sources:Haaretz

1 outlet · 1 article · first seen Oct 28, 8:00 AM ET

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