The Israeli Occupation Stock Exchange faced a 4% decline, with the Israeli Occupation shekel dropping approximately 2.1% and 2.7% against the dollar and euro, respectively, according to Sputnik news.

This decline occurred one day after the Knesset passed a law restricting the Supreme Court's ability to oversee government decisions.

The "Tel Aviv 35," "Tel Aviv 90," and "Tel Aviv 125" indices saw losses ranging from 2.5% to 3.7%.

Additionally, the Tel Aviv Banking Index, Real Estate, Construction, and Insurance suffered losses ranging from 3.9% to 4.6%. The 10-year Israeli Occupation bond yield surged from 3.62% to 3.87%.

The controversial law, known as the "Reducing Reasonability" law, faced opposition as the shekel fell by 1.5% against the dollar and euro on Monday.

The law aims to curtail the Supreme Court's authority to annul government decisions based on "unreasonableness." Economists have expressed concerns about the impact of this plan on Israeli Occupation's economy and credit rating.

Prime Minister Benjamin Netanyahu and his coalition support the law, arguing that it will balance powers and limit the court's involvement in politics.

Conversely, critics believe that the Supreme Court plays a crucial role in safeguarding civil rights and citizen protections.

For 29 consecutive weeks, protests have been held across Israeli Occupation opposing the government's plan, with opponents calling it a "coup" that threatens democracy in the country.