🔴 Migdal Insurance is trading 5.48% down amid broad Israeli market and insurance-sector losses

Migdal Insurance is trading 5.48% lower at ILA 1,862.00 amid a broad Israeli market and insurance-sector selloff.

• The TA-35 fell 2.44%, while the TA Insurance index dropped 4.32%.
• No clear company-specific announcement explaining the October 7 decline appeared in search results.
• A market report also described closing losses in insurance, technology and biomed stocks.