Israeli stocks rise despite attorney-general plan to indict Netanyahu

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Israeli shares opened higher on Sunday morning, shrugging off news that the coun...

FILE PHOTO: Israeli Prime minister Benjamin Netanyahu delivers a statement to the media in his residency in Jerusalem February 28, 2019 REUTERS/ Ronen Zvulun

TEL AVIV - Israeli shares opened higher on Sunday morning, shrugging off news that the country’s attorney-general intends to indict Prime Minister Benjamin Netanyahu on corruption charges. The blue chip Tel Aviv 35 and the broader TA-125 indices were both up 0.5 percent at 0800 GMT. The stock market had been closed since the announcement was made late on Thursday.Israeli government bond prices were down as much as 0.4 percent.

The shekel weakened 0.2 percent to 3.6297 per dollar on Friday. The currency market is closed on Sunday. An actual filing of the charges of bribery, fraud and breach of trust would depend on the outcome of a required hearing. At that hearing - likely after an April 9 election - Netanyahu can try to persuade the attorney-general not to indict him.

 

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Maybe 'because of'? People apparently like that another crooked politician is being held to account. Optimism that things will get better, yes?

Bibi knows low people in high places. Nothing will happen to him

Mygypsytoes Lock him up! Lock him up!

Stock Market HATES Trumpublicans.

Despite or BECAUSE? Sheesh.

Interesting that he calls it a witch-hunt.... Who else does that? And funny how supporters ignored the fact that they have evidence like documents to prove the corruption.

Israeli stocks rise BECAUSE OF attorney-general plan to indict Netanyahu. BRIBERY HAS DRIVEN FOREIGN POLICY FOR AT LEAST A DECADE. D'oh......

Israel will be better off without him at the helm!

It's their bad luck.

Or try, 'Because of attorney-general plan to indict Baby Killeryahoo.'

Liberal play book= make phoney charges againt ur opponent. Marxism

Remind me again what the underlying fundamentals are between the two, or is this just more FakeNews?

More manufactured charges to bring a great leader down.

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