Israel Airports Authority Says No Departures Or Arrivals At All Israeli Airports
Portfolio Pulse from Benzinga Newsdesk
The Israel Airports Authority has announced that there will be no departures or arrivals at all Israeli airports. This could impact travel and tourism-related sectors and ETFs with exposure to Israel.
October 01, 2024 | 5:08 pm
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NEGATIVE IMPACT
EIS, an ETF with exposure to Israeli equities, may experience volatility due to the halt in airport operations in Israel.
EIS is an ETF that tracks Israeli equities. The halt in airport operations could affect the Israeli economy, leading to potential short-term volatility in the ETF.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
ISRA, an ETF focused on Israeli companies, might face short-term pressure due to the suspension of airport activities in Israel.
ISRA is an ETF that invests in Israeli companies. The suspension of airport activities could negatively impact the Israeli market, affecting the ETF's performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80