Tuesday, December 5, 2023

Update: "Tel Aviv bourse says no unusual trading ahead of Oct 7 Hamas attack"

Following on yesterday's Reuters report under our headline "Trading On Material Non-Public Information: Israel Investigates Pre-Hamas-Atrocities Trading" Reuters has an update to their story, December 5:

The Tel Aviv Stock Exchange said on Tuesday a report by U.S. researchers suggesting there were investors in Israel who may have profited from prior knowledge of Hamas' Oct. 7 attack was inaccurate and its publication irresponsible.

Research by law professors Robert Jackson Jr from New York University and Joshua Mitts of Columbia University found significant short-selling of shares - when investors bet on share prices to fall - leading up to the attacks, which triggered Israel's ongoing war with Hamas....

....MUCH MORE