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Stock Market Israel

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August 22, 1994 | From Reuters
Israel's stock market plunged nearly 10% in trading Sunday, when investors seeking to beat a tax on share profits stampeded to sell. Ninety minutes into what many predicted would be the Tel Aviv Stock Exchange's (TASE) "Black Sunday," the government backtracked. It modified the pending capital-gains tax so profits can be offset against losses.
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BUSINESS
August 22, 1994 | From Reuters
Israel's stock market plunged nearly 10% in trading Sunday, when investors seeking to beat a tax on share profits stampeded to sell. Ninety minutes into what many predicted would be the Tel Aviv Stock Exchange's (TASE) "Black Sunday," the government backtracked. It modified the pending capital-gains tax so profits can be offset against losses.
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