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This event marks the beginning of the Passover holiday in Israel, a significant cultural and religious period. During this time, the Tel Aviv Stock Exchange (TASE) typically operates on a shortened schedule or remains closed entirely. Investors should expect significantly lower trading volumes and liquidity in Israeli financial assets. It is a key date for those managing portfolios with exposure to the Middle Eastern markets.
The date is determined by the Hebrew calendar, falling on the 14th day of the month of Nisan. Market closures are officially announced by the Tel Aviv Stock Exchange regulatory body.
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