Hamas Fires Hundreds Of Rockets Toward Ashkelon, Israel
Portfolio Pulse from Bill Haddad
Hamas has fired hundreds of rockets towards Ashkelon, Israel, according to CNN. The news may have implications for the iShares MSCI Israel Capped ETF (EIS).
October 10, 2023 | 2:28 pm
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NEGATIVE IMPACT
The iShares MSCI Israel Capped ETF (EIS) could be affected by the recent rocket attacks by Hamas on Ashkelon, Israel.
The iShares MSCI Israel Capped ETF (EIS) tracks the investment results of an index composed of Israeli equities. The recent rocket attacks by Hamas on Ashkelon, Israel, could create instability in the region, potentially affecting the performance of Israeli equities and, by extension, the EIS ETF.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100