Tel Aviv stocks erased morning losses and moved nearly 1% higher on Sunday in the first trading session since the start of a wave of missile strikes between Israel and Iran on Friday, as Israel and its economy attempt to remain as open as possible.

Israeli equities closed higher on Sunday despite an escalation in hostilities between Israel and Iran, with investors appearing to shake off early concerns about the regional conflict. The Tel Aviv Stock Exchange’s benchmark TA-35 index ended the day up 1%,

Israel has warned of more attacks on Iran after Tehran fired waves of missiles and drones that killed three people and wounded dozens in Israel.