Netanyahu wins narrow victory in Israeli elections

Israeli Prime Minister Benjamin Netanyahu's right-wing party has won a narrow victory in legislative elections. 

But it was weakened by the unexpectedly strong showing by the centrist Yesh Atid, which campaigned on economic issues. 

The result is likely to cramp Mr Netanyahu's room for manoeuvre vis-a-vis his future coalition partners. 

Television exit polls showed Mr Netanyahu's Likud, which ran on a joint list with the hardline nationalist Yisrael Beitenu, suffering a serious setback. 

And as the exit polls flashed onto the screen, the 15 or so activists at Yesh Atid's small Tel Aviv campaign headquarters exploded into cries of victory. 

Near-final results are expected today. 

But the official results are not due out for another week.