Tel Aviv Stock Exchange shares surge as Ackman buys 4.9% stake
![Bill Ackman, CEO and founder of Pershing Square Capital, visits the floor of the New York Stock Exchange, Tuesday, Nov. 10, 2015. (AP Photo/Richard Drew)](https://assets.euromoneydigital.com/dims4/default/9a4d819/2147483647/strip/true/crop/575x375+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F01%2Fd1%2Ff1bf745f4dee8ec82c571677db6f%2Fbill-ackman-alamy-575-375.jpg)
Foreign investment in Israel ground to a halt when the war with Hamas began in October
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