🔴 Phoenix Financial is trading 4.83% down amid a broad Tel Aviv market sell-off

Phoenix Financial is trading at ILA 16,750.00, down 4.83%, amid a broad Israeli market sell-off.

• The TA-35 fell 2.44% on October 7, with insurance among the sectors leading losses.
• No confirmed company-specific catalyst for the decline was identified.
• The reported CFO transition took effect October 5, but available reporting does not connect it to the share-price drop.