Israel election: Netanyahu bloc at 54 seats with 76.8% counted, short of majority
MARKET IMPACTNEUTRALNewsroom assessmentTone: neutralA hung Knesset raises political uncertainty for the shekel (USD/ILS) and Tel Aviv's TA-35 as coalition talks begin.
KEY POINTS
- 01With 76.8% of ballots counted, Benjamin Netanyahu's bloc is at 54 seats, short of the 61 needed for a Knesset majority.
- 02Exit polls had shown neither Netanyahu's bloc nor Gadi Eisenkot's opposition alliance reaching 61 seats.
- 03The Israeli opposition is seeking an alliance with Arab parties, which could hold the balance in coalition talks.
- 04Turnout was a record 66.7% at 18:00 on October 27, according to figures reported that day.