Israel's stock markets close business day recording sharp drops

Israel's stock markets closed Wednesday after sharp declines were recorder, a day after a dramatic plunge seemed to have been halted. The Futures Index fell by 4.5 percent, a drop of 13 percent compared to last year. The Tel Aviv 100 Index plummeted another 3% and the TelTech dropped by 2.7%. The Tel Aviv 25 Index dropped by 3.33%. The American Dollar lost two percents and was traded at NIS 3.712.