The Aporia
Power, J. (2026, October 28). Israel’s stock market drops as exit polls show no clear election winner. Al Jazeera. https://www.aljazeera.com/economy/2026/10/28/israels-stock-market-drops-as-exit-polls-show-no-clear-election-winner?traffic_source=rss
Power, John. “Israel’s stock market drops as exit polls show no clear election winner.” Al Jazeera, 28 Oct. 2026, https://www.aljazeera.com/economy/2026/10/28/israels-stock-market-drops-as-exit-polls-show-no-clear-election-winner?traffic_source=rss.
Power, John. “Israel’s stock market drops as exit polls show no clear election winner.” Al Jazeera, October 28, 2026. https://www.aljazeera.com/economy/2026/10/28/israels-stock-market-drops-as-exit-polls-show-no-clear-election-winner?traffic_source=rss.
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Gadi Eisenkot's Change bloc received 49 seats in the Israeli parliament, while Benjamin Netanyahu's Likud party-led coalition secured 53 seats. This outcome means that neither side achieved a clear majority, with more than 90% of votes counted. Arab parties won an unprecedented 19 seats out of 120. With no single bloc able to form a government independently, negotiations are expected for forming a coalition or considering unlikely deals with Arab parties. Benjamin Netanyahu's continued support from Israeli Jews suggests he may remain in power at least as a caretaker prime minister until another election can be held if no agreement is reached. The overall voter turnout was high, marking the first parliamentary elections since the 2023 Hamas attacks that killed over 1,200 people and took 251 hostages. Netanyahu's apparent comeback has implications for potential future actions against Iran, including the possibility of renewed joint military operations with US forces. However, Gadi Eisenkot also maintains a strong stance on preventing Iran from developing nuclear weapons, albeit with differing views on regime change strategies.
Israel’s stock market has fallen sharply amid exit polls showing no clear winner in the country’s parliamentary elections. The benchmark Tel Aviv 125 index dropped as much as 3.5 percent in early trading on Wednesday as investors weighed the unclear results of Israel’s first election since the start of its genocidal war on Gaza.
Neither Prime Minister Benjamin Netanyahu’s right-wing coalition nor the opposition bloc headed by Yashar leader Gadi Eisenkot appeared on track to gain a parliamentary majority in the 26th Knesset.