Netanyahu’s right-wing bloc secured 53 Knesset seats in the October 27 election while Gadi Eisenkot’s opposition bloc won 48 and Arab parties took a record 19, leaving no group near the 61-seat majority needed for a stable government. The Central Elections Committee certified results on November 4, the new Knesset was sworn in on November 10, and President Herzog formally tasked Eisenkot with coalition formation on November 8. Eisenkot’s bloc has signaled willingness to explore a minority government or targeted partnerships, while Netanyahu remains caretaker prime minister and both sides continue negotiations amid scheduled procedural votes such as the November 17 speaker contest. Traders view these steps as evidence that a workable coalition remains feasible within the legal timeline, reducing the likelihood of immediate dissolution and fresh elections.