Israeli Military Says In The Past Hour Fighter Jets Have Attacked Hezbollah Targets In Lebanon Including Weapons Launchers And Weapons Storage
Portfolio Pulse from Benzinga Newsdesk
The Israeli military has conducted airstrikes on Hezbollah targets in Lebanon, targeting weapons launchers and storage facilities.
September 27, 2024 | 7:12 pm
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NEUTRAL IMPACT
The iShares MSCI Israel ETF (EIS) may experience volatility due to increased military actions by Israel against Hezbollah in Lebanon.
EIS, an ETF focused on Israeli equities, could be impacted by geopolitical tensions. However, the direct impact on the Israeli economy is uncertain, leading to a neutral short-term outlook.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
The VanEck Vectors Israel ETF (ISRA) might face short-term volatility due to the Israeli military's actions against Hezbollah.
ISRA, which tracks Israeli companies, may be affected by geopolitical tensions. The direct economic impact is unclear, resulting in a neutral short-term outlook.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80