Tel Aviv Exchange loses $16bln in one day
The Israeli stock market witnessed a massive drop in its indices on Sunday to lose $16 billion in just one day, CNBC reported.
The Israeli main index, TA 35, dropped by more than -5.5 percent, to reach the lowest value in over three years.
The Israeli currency, Shekel, also dropped against the U.S. dollar on Monday, reaching the lowest value recorded in around eight years.
