Health Ministry Says At Least 500 Causalities In Israeli Air Strike On Hospital In Gaza
Portfolio Pulse from Benzinga Newsdesk
The Health Ministry reports at least 500 casualties in an Israeli air strike on a hospital in Gaza, according to Reuters. The article may mention EIS (iShares MSCI Israel ETF).
October 17, 2023 | 5:25 pm
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NEGATIVE IMPACT
The reported Israeli air strike could potentially affect the performance of the iShares MSCI Israel ETF (EIS).
The news of the Israeli air strike could lead to increased geopolitical tensions and uncertainty, which may negatively impact investor sentiment towards Israeli assets, including the EIS ETF. This could potentially lead to a decrease in the ETF's price in the short term.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 75