Several hundred mostly Jewish protesters marched in Jerusalem late Saturday to denounce nearly 50 years of what they consider to be Israeli occupation of the Palestinian territories, police said.

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The demonstration's organizers and media estimated that some 2,000 people marched from west Jerusalem to near the Old City's Jaffa Gate to a platform bearing both Israeli and Palestinian flags.

The event was organized by the secular left-wing opposition party Meretz and the Arab-dominated Joint List, parliament's third largest bloc with 13 seats, and left-wing NGOs.

Jerusalem earlier on Saturday after a stabbing attack (Photo: Ohad Zwigenberg)

Slogans such as "Jews and Arabs are not enemies" and "No to a government of annexation" were among chants heard in Hebrew and Arabic.

The protest came at a time when those who back the creation of a Palestinian state find it harder for their voices to be heard under a government considered to be the most right-wing in Israeli history.

Police said the demonstration passed off peacefully, despite tensions over an incident earlier in the day.

A Palestinian attacker from the West Bank who stabbed and wounded three Israelis was shot dead by police near the Old City's Damascus Gate.

On Wednesday, a Palestinian woman who attacked border guards with scissors was shot dead in the same area.