(Bloomberg) -- Israeli stocks closed up Tuesday, recovering from a three-day plunge exacerbated by Prime Minister Benjamin Netanyahu’s coalition vote to dissolve the parliament and move up elections by seven months.
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The TA-35 bounced back from the decline as 30 index members advanced, with Bank Hapoalim Ltd. and Bank Leumi Le-Israel BM seen as the biggest contributors to gains.
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Tuesday’s performance followed the steepest fall in more than seven years on Sunday, as drugmaker Perrigo declined the most on record due to concern over a $1.8 billion tax assessment.
- Index added 2.11 percent. It is down 4 percent for the year.
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