At the beginning of the day on Monday, the Tel Aviv Stock Exchange recorded significant falls for the second consecutive day, with a decrease of more than 2% in the most important indices.
Furthermore, the shekel experienced a depreciation that placed it at its lowest value since last November, trading at 3.83.
The turbulence in Israel's financial markets comes against the backdrop of threats of retaliation from Iran and Hezbollah for the recent assassinations of key leaders.
S&P Global, an international financial research agency, issued a warning about the possible economic consequences of the climate of instability at the national level, which have to do with the negative impact on Israel's credit rating.
In addition, they highlighted that any expansion of the regional conflict could generate greater military and civil expenses, as well as affect business and consumer confidence.
If tensions continue, and taking into account the scenario of a decelerated global economy, the country's economic indicators could continue to decline in the coming quarters.