Following declines of about two percent on Thursday, the leading indices on the Tel Aviv Stock Exchange fell between 3.62 percent and 5.06 percent on Sunday, when trade was essentially limited to Israeli transactions.
Hardest hit were health stocks, specifically Perrigo, which fell 28.76 percent, following Friday's 29.3-percent plunge in New York over Perrigo's announcement after Thursday trading that it had received a revised €1.6 billion tax assessment in late November from the Irish tax authorities or 33 percent tax instead of the ordinary Irish corporate tax of 12.5 percent on a specific transaction, which it will appeal.