Israeli stocks slide as election results stay unclear

Israel's benchmark Tel Aviv 125 index fell as much as 3.5% in early trading on Wednesday as exit polls showed no clear winner in the parliamentary election. With 76% of votes counted, Benjamin Netanyahu's bloc was on 54 seats and Gadi Eisenkot's on 47, short of the 61 needed for a majority. The Bank of Israel recently raised its 2026 growth forecast to 5.6%.