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Reported
TASE Starts Late Sunday Morning
(IsraelNN.com) The Tel Aviv Stock Exchange (TASE) delayed the start of morning trading by at least 45 minutes Sunday morning according to Globes. The Tel Aviv 25 Index pointed to a drastically low start. Bonds trading will not begin until the Tel Aviv 100 begins trading. Usually short term notes and most bonds start trading at 9:30 a.m.
Last week the TASE dropped substantially and international markets plunged sharply. Both the Dow Jones and the S&P 500 plummeted more than 18 percent. The Nasdaq dropped 15 percent. European and Asian markets fared worse.
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