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Bank Yerushalayim Shares Fall as Much as 12.3% During Trading

Courtroom-sketch editorial illustration of the historic Bank of Jerusalem building in Tel Aviv, with shuttered windows, hedges, a bicycle, and neighboring buildings beneath a blue sky.

Bank Yerushalayim shares fell sharply Thursday during stock-exchange trading, at one point dropping 12.3%. The bank said it conducted an investigation and found no indication of any irregular activity involving its funds or assets. The statement did not identify a cause for the share move, and the verified report did not provide a closing price or say whether the stock recovered from its intraday low. The 12.3% figure described the maximum decline during the session, not necessarily the final closing change.

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