Trade and commerce in "Tel Aviv" have decreased by 50% as the weekend sets in following the latest shooting in the occupied city, Israeli media reported Saturday.

Israeli media also quoted police sources as saying the demand for security guards has increased among businessmen and hotel and restaurant owners in "Tel Aviv" in light of soaring fear in occupied Palestine after several operations took place in the occupied city.

The latest shooting that took place in "Tel Aviv" left three Israeli settlers dead after an initial tally said 16 had been injured with injuries ranging from critical to highly critical.

Israeli media commented on the shooting in "Tel Aviv", saying that the scenes of what was happening were "unparalleled".

Successive operations in the Israeli capital have killed 14 settlers thus far over the past weeks.

Israeli media also detailed that the feeling of security among Israeli settlers had been close to none following the operations, with former Israeli occupation Security Minister Shaul Mofaz saying settlers were "feeling scared and unsafe."