Today’s news / Stock investors bet on Mid-East tensions not rising
Over the weekend, Iran launched over 300 drones and missiles towards Israel. The Israeli military has announced that 99 percent of these were intercepted. (Archive). Photo: Amir Cohen/Reuters

Stock investors bet on Mid-East tensions not rising

Following an Iranian drone and missile attack on Israel over the weekend, the Danish stock index C25 experienced a growth of 0.3 percent on Monday, reaching 1911.22. This increase comes as a reversal from the 0.3 percent decline on Friday, which was prompted by rumors and warnings of the impending Iranian attack. Investors believe the situation in the Middle East is unlikely to further escalate and spiral out of control, according to Per Hansen, an investment economist at Nordnet. Over 300 missiles and drones were launched by Iran at Israel during the weekend. Despite potential future unrest, the current investor sentiment anticipates a positive outlook, as the stock market is sensitive to fluctuations in perceived risks, Hansen notes. He also suggests that the Middle East’s historical volatility has been factored into long-term investment strategies and will not pose an enduring issue for investors.