BREAKING NEWS

Israeli stocks and bonds up, shekel dips after truce deal with Hamas

 Israeli stock and bond prices opened higher while the shekel ILS= was slightly weaker against the dollar on Wednesday, after Israel's government and Hamas agreed to a four-day pause in fighting.

The blue chip Tel Aviv 35 index .TA35 and broader index of 125 shares .TA125 were up 0.3% in early trading. Government bond prices rose as much as 0.4% while the shekel slipped 0.2% to a rate of 3.727 against the US currency.

Under the temporary truce deal, Hamas would release 50 hostages held in Gaza in exchange for 150 Palestinians imprisoned in Israel.