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Israeli Stocks Rise as Traders See US Hastening End to Conflict

Takeaways by Bloomberg AI

Middle Eastern stocks rose on Sunday, led by Israel and Egypt, as the region’s traders bet the US strikes on Iran may accelerate the end of the conflict between the country and Israel.

Israel’s TA-35 benchmark index advanced 1.5%, posting a sixth successive day of gains and staying on course for the biggest quarterly advance since 2003. Egypt’s equity benchmark posted a 2.7% jump.