Sharp declines were recorded this morning on the Tel Aviv Stock Exchange, amid the counting of 66.2% of the votes. The dollar weakened by about 2% and is trading around 3.02 shekels, its lowest level in about a month. The euro fell even more, trading around 3.44 shekels. Cumulatively, the dollar has lost about 3% of its value since Friday, when its rate stood at 3.11 shekels. The euro weakened even more during that period, dropping from a rate of 3.48 shekels. Thus, a significant portion of the dollar's gains over the past month have been erased within two days. The Tel Aviv 90 Index fell 3.5%, the Tel Aviv 125 Index 2.1% and the Tel Aviv 35 Index 1.7%. On Monday, just before the elections, sharp gains of nearly 2% were recorded on the stock exchange.