Gaza Fires Rocket Barrage Toward Ashkelon In Southern Israel
Portfolio Pulse from Bill Haddad
The article reports a rocket barrage fired from Gaza toward Ashkelon in Southern Israel. The US-listed ETF, iShares MSCI Israel ETF (EIS), is mentioned in the context.
October 10, 2023 | 2:07 pm
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NEGATIVE IMPACT
The rocket barrage from Gaza toward Southern Israel may cause instability in the region, potentially affecting the performance of the iShares MSCI Israel ETF (EIS).
Geopolitical instability often leads to market volatility. As EIS tracks the investment results of an index composed of Israeli equities, the ETF could be negatively impacted by the increased tension in the region.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80