(JNS) The Tel Aviv Stock Exchange plummeted this week to its lowest point in seven years, influenced by American and global downturns.

At the end of the day on Sunday, the Tel Aviv 35 fell by 5.1 percent—the sharpest drive since Aug. 7, 2011—and the TA-125 Index dropped by 4.7 percent. Bank Shares Index all fell by 4.1 percent.