After the signing of the agreement between Israel and Hamas: El Al's stock plunged 71% this morning (Thursday) - dropping from a value of 1,418 shekels per share to 1,318.
The sharp decline comes following investor assessments that the agreement will lead to an end to the war - which will cause many airlines to return to Israel, a move that will increase competition in the market.
The stock exchange closed today with the largest turnover in history on Hol Hamoed - with trading of 4.4 billion shekels in shares.
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The dollar exchange rate fell to 3.24 shekels.
